MULTI-RESIDENTIAL HIGH RISE PROPERTY WITH SOCIAL HOUSING PROGRAM
This Purpose Built 126 Suite Property Features a Suite Mix of One and Two Bedroom Apartments. This Fully Occupied Property is a Turn - Key Investment Situated Close To The St. Marys River in Ontario and The Canada - US Border. 121/126 Units Are Apart of The Social Housing Program Until Its Expiry in 2023. There is a Significant Upside in Rents on Turnover With The Option To Convert The Existing Party Room Into 1-2 Additional Units. Additionally, There Is A Non-Registered Unit On The Top Floor Being Used By Management That Can Also Be Converted Into Another Unit. With Ample Parking Space And Waterfront Views This Building is Truly a Unique Find! The Property Also Has a On-Site Laundry Facility From Sparkle. All Interested Parties Should Contact [email protected]
All information furnished regarding this property is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior sale, or withdrawl without notice. Prospective purchasers are advised to seek independent legal, accounting or any other consulting advice as may be deemed necessary to submit an offer to purchase. - Cooperating Brokers acting for buyers to be paid by buyers unless otherwise arranged. Not intended to solicit properties already for sale. Not intended to interfere with Purchaser-Agency Agreement.