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$5,795,000
Available - For Sale
Listing ID: W12459824
ATTENTION FIRST TIME AND MOVE UP INVESTORS - A GREAT 18 SUITE APARTMENT BUILDING IN PRIME BURLINGTON. CONCRETE CONSTRUCTION WITH 15 LARGE TWO BEDROOM AND 3 ONE BEDROOM SUITES. 13 OF THE SUITES HAVE BEEN TOTALLY RENOVATED AND RENTED. ALL COMMON AREAS HAVE BEEN UPDATED AND RENOVATED. LARGE 0.8 ACRES SITE IS ONE ENTIRE BLOCK THAT BACKS ONTO OPEN RECREATIONAL SPACE. WELL SCREENED TENANTS - RENTS ARE 30% BELOW MARKET. EASY TO MANAGE THIS ASSET - LOW MAINTENANCE. 5 MINUTES TO THE GO STATION AND SHOPPING MALL. LOW RATE FINANCING IN PLACE.
Price $5,795,000
Taxes: $49,220
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 1050 Highland Stre , Burlington, L7R 3T9, Halton
Postal Code: L7R 3T9
Province/State: Halton
Legal Description: LOTS 4 & 5, PLAN 1314
Directions/Cross Streets: PLAINS AND BRANT
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 14,500
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse   Major Highway
Business/Building Name: PARKLAND APARTMENTS
Financial Statement: F
Maintenance: 0
Vacancy Allowance: 3885
Net Income Before Debt: $281365
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COMMERCIAL FOCUS REALTY INC.

1050 Highland Stre , Burlington, L7R 3T9, Halton


 
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At a Glance:
Type: Com - Investment
Area: Halton
Municipality: Burlington
Neighbourhood: Freeman
Style:
Lot Size: x 110.58(Acres)
Approximate Age:
Tax: $49,220
Maintenance Fee: $0
Beds: 0
Baths: 18
Garage: 0
Fireplace: N
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