$3,450,000Asking Price
This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands
This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 4-Piece Bathrooms on Main Floor | ||||
4 4-Piece Bathrooms | ||||
4 4-Piece Bathrooms | ||||
1 3-Piece Bathroom |
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Old Oakville, Oakville is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.
Kids Per Family
1.0
kids per family
in the neighbourhood.
47%
of residents are
single and loving it.
47% singles
Oakville (40%)
47%
of residents
are renters.
47% renters
Oakville (19%)
51%
of residents are
university grads.
51% university grads
Oakville (56%)Average Household Income
$262K
is the average household
income in the neighbourhood.
Professions
Sales | 14% |
Business | 10% |
Management | 10% |
Government | 7% |
Trades | 4% |
35%
of residents were
born outside of Canada.
35% immigrants
Oakville (37%)5.7% from UK
All-time
1.5% from Philippines
Recent
Foreign Languages
Portuguese | 2% |
Mandarin | 2% |
Tagalog | 2% |
French | 2% |
Arabic | 2% |
Religions
Christian | 67% |
Muslim | 3% |
Hindu | 2% |
Jewish | 1% |