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Offers reviewed Monday, January 26th. Rare opportunity to acquire a well-maintained 17-unit apartment building located on a large lot in the family-friendly neighbourhood of Shaughnessy Park. The property consists of 8 two-bedroom units, 8 one-bedroom units, and 1 bachelor suite, with separately metered hydro. The landlord is responsible for heat and water. The building has benefited from significant capital improvements since 2017/2018, including a high-efficiency boiler and hot water tank, updated kitchens and bathrooms, flooring, paint, appliances, and PVC windows throughout. The roof was replaced in 2022. The property is leased with many long-term tenants and has a history of minimal vacancy. 6.75% cap rate at the current asking price/NOI. Conveniently located close to public transit, healthcare facilities, schools of all levels, shopping, and grocery stores, making it an attractive rental option for a broad tenant base. The property is priced below current City assessment. A recent property tax appeal has been completed. Buyer to complete their own due diligence. Additional information available upon request.

• Built In 1962
• Depth 136.00 ft
• Frontage 227.00 ft
• Property Type Commercial, Multi-Family for Sale