$5,795,000
Available - For Sale
Listing ID: W12459824
1050 Highland Street , Burlington, L7R 3T9, Halton
| 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: | $49220.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1050 Highland Street , Burlington, L7R 3T9, Halton |
| Postal Code: | L7R 3T9 |
| Province/State: | Halton |
| Legal Description: | LOTS 4 & 5, PLAN 1314 |
| Directions/Cross Streets: | PLAINS AND BRANT |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 14500.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Greenbelt/Conse Major Highway |
| Business/Building Name: | PARKLAND APARTMENTS |
| Financial Statement: | F |
| Vacancy Allowance: | 3885 |
| Net Income Before Debt: | $281365 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 18 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
$
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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. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Halton |
| Municipality: | Burlington |
| Neighbourhood: | Freeman |
| Tax: | $49,220 |
| Baths: | 18 |
| Fireplace: | N |
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