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495-497 Ferguson St
27 Unit Block of Flats £2,501,949 (£92,665/Unit) 6.12% Net Initial Yield Haileybury, ON P0J 1K0
Executive Summary
Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015. The building features a FOB entry system, high efficient LED light fixtures and gas boilers. All suites have stainless steel appliances and coin laundry is onsite located in each basement. This property is fully occupied with high demand for tenancies and average turnover with rental increases. There is continued need for labour in the forestry, mining & support services, which ensures no end to the list of high-quality tenants looking for housing in the north. If you've been looking for a stable turn-key investment opportunity, this one's for you!**** EXTRAS **** Well maintained offering at 6.55% CAP rate. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs.
Property Facts
| Price | £2,501,949 | Apartment Style | Low Rise |
| Price Per Unit | £92,665 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Net Initial Yield | 6.12% | Building Size | 13,808 SF |
| No. Units | 27 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 2015 |
| Property Subtype | Apartment |
| Price | £2,501,949 |
| Price Per Unit | £92,665 |
| Sale Type | Investment |
| Net Initial Yield | 6.12% |
| No. Units | 27 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 13,808 SF |
| Number of Floors | 3 |
| Year Built | 2015 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 17 | - | - |
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zoning
| Zoning Code | C1A |
| C1A |
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495-497 Ferguson St
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