• Asking $7,800,000
• Asking $130,000 per suite
• Built to Condo Specifications
• Seller will Complete Condo Status
• Individual Gas Meters
• Individual Hydro Meters
• 45 Units in Affordable Housing Program
• 15 Units Rent at Market Value
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• 27 x One Bedrooms
33 x Two Bedrooms
• Property Tax Exemption applies
to 45 Units for 10 years
• 5.7% CAP Rate 10.6% R.O.I.
• Existing CMHC 1st Mortgage of
$4,491,187 @ 4.805% P + I, paying
$22,059.36 due February 2018
• Mortgage Can Be Renegotiated
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