<html><head><style> BODY { BACKGROUND-COLOR: white; COLOR: #333365; FONT-FAMILY: Verdana, Arial, Helvetica; FONT-SIZE: 9pt; } H2 { COLOR: #cc9900; FONT-SIZE: 12pt; FONT-WEIGHT: normal; } TH { COLOR: darkslategray; BACKGROUND-COLOR: #eeeeee; FONT-SIZE: 9pt; TEXT-ALIGN: center; } TH.dispLabel{ BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: right; } TD.dispData { BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: left; } TD.number { TEXT-ALIGN: right; PADDING-RIGHT: 10px; } </style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>412782</td> </tr> <tr><th class='dispLabel'>status</th><td class='dispData'>Active</td> </tr> <tr><th class='dispLabel'>Subject Line</th><td class='dispData'>For Sale, 147-Unit Apartment Building In Scarborough</td> </tr> <tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Greater Toronto area</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Toronto</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td> </tr> <tr><th class='dispLabel'>Location, City</th><td class='dispData'>Scarborough</td> </tr> <tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td> </tr> <tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td> </tr> <tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>February 3 2023</td> </tr> <tr><th class='dispLabel'>Price</th><td class='dispData'>$47,000,000.00</td> </tr> <tr><th class='dispLabel'>Comments</th><td class='dispData'>147 Unit Apartment Building on 2 Acres <br>85% two and three bedroom units <br> <br>Tremendous rental upside - 83% gap to market rents <br> <br>Established rental node with future surrounding developments <br> <br>5-minute walk to TTC Subway Station <br> <br>This is an exceptional opportunity to acquire a value-add apartment building ideal for large families in a rapidly developing neighbourhood. <br>Sale Highlights <br>Approximately 83% upside on in-place rents Opportunity to reduce building?s operating costs Located in a growing neighbourhood <br>Convenient access to highways, TTC, and GO Transit Steps to shopping, schools, and religious institutions <br> <br>The subject property is ideally located between the two neighbourhoods leading Toronto?s growth, The Golden Mile District and Scarborough City Centre. Both neighbourhoods will be transformed into complete mixed-use communities, providing tenants with a diverse array of amenities, shopping centres, and restaurants within a 10 minute drive. The property has superb accessibility with multiple bus routes at its front door and is a short walk from the Lawrence East TTC station. <br></td> </tr> <tr><th class='dispLabel'>Internet Links</th><td class='dispData'>https://www.frankrealtor.ca/Toronto/Ontario/Homes/MidlandScarborough_Bluffs_...</td> </tr> <tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>11575</td> </tr> <tr><th class='dispLabel'>Name</th><td class='dispData'>Frank Wang</td> </tr> <tr><th class='dispLabel'>Title</th><td class='dispData'>Sales Representative</td> </tr> <tr><th class='dispLabel'>Company Name</th><td class='dispData'>Homelife Landmark Realty Inc. Brokerage </td> </tr> <tr><th class='dispLabel'>Address Line One</th><td class='dispData'>7240 Woodbine Ave, Suite 103,</td> </tr> <tr><th class='dispLabel'>City</th><td class='dispData'>Markham</td> </tr> <tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td> </tr> <tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'> L3R 1A4</td> </tr> <tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td> </tr> <tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(905)305-1600</td> </tr> <tr><th class='dispLabel'>Cell Number</th><td class='dispData'>4168908616</td> </tr> <tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=11575&msgnum=412782'>Send Email</a></td> </tr> <tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='http://frankrealtor.ca' target='_blank'>Home Page</a></td> </tr> </table><p><a href="https://iciworld.com/for-the-public/">For The Public.</a></p> <p><a href="https://iciworld.com/for-members/">For Real Estate Brokers and Salespeople.</a></p> <p>Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. Founded 1994. </br> Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8 </br> Canada 416-777-2633. USA 954-317-2327 </p> <p>Unsubscribe option at the bottom of this EMail</p>
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