82-84 Welland Ave

$1,599,000

Highlights

Units

12


Stories

1.5


Price Per Unit

$133,250


Lot Size

64' x 130' ft


Cap Rate

9.2%

Picture of listing property
Full Details

133k/unit at approx. cap rate of 9.2%.  12-unit building (two bachelors eight 1 bedrooms & two 2 bedrooms). Building features revitalized common areas and renovated units. Tenants pay Hydro. Updated Fire Suppression System (2026), installed separate electrical meters  (2025). Clean Phase 1 ESA (2026). Windows replaced (2022). Laundry on site, 8 Parking spaces.


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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.