INVESTORS! Cash flowing 24-Unit Multi-Family portfolio FOR SALE! Steps to Gananoque / St. Lawrence River, Newly Renovated! PRICE- 4,599,999. - Ca-type-apartment-buildings

2 Nov 2022


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</style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>410606</td>
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<tr><th class='dispLabel'>status</th><td class='dispData'>Active</td>
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<tr><th class='dispLabel'>Subject Line</th><td class='dispData'>INVESTORS! Cash flowing 24-Unit Multi-Family portfolio FOR SALE! Steps to Gananoque / St. Lawrence River, Newly Renovated! PRICE- 4,599,999.</td>
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<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></tr></table></td></tr></table></td></tr></table></td>
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<tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td>
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<tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td>
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<tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>November 2 2022</td>
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<tr><th class='dispLabel'>Type Description</th><td class='dispData'>Multi-Family</td>
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<tr><th class='dispLabel'>Location</th><td class='dispData'>Gananoque</td>
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<tr><th class='dispLabel'>Price</th><td class='dispData'>$4,599,999.00</td>
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<tr><th class='dispLabel'>Building area</th><td class='dispData'>19265</td>
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<tr><th class='dispLabel'>Comments</th><td class='dispData'>2 X 12 Unit purpose built buildings in Gananoque being sold together. Very well run buildings with 10/24 units already turned over and achieving market rents & 2 more units are currently vacant. Great unit mix and spacious layouts throughout the building with 6 x 1 bed units, and 18 x 2 bed units. Strong rental demand location walking distance to downtown Gananoque, St. Lawrence river, Gananoque river, and 20 minute drive into Kingston. Major capital improvements across both buildings within the last year include: New roof 2021, windows / doors 2022, fire code compliance 2021, parking lot, led lighting, and remote entry. Full list will be provided. Extra parking at the back of the building along with storage lockers for potential additional income. All units are separately metered with tenants paying heat / hydro only water / sewer and house meter paid by the landlord. Large rental upside on the remaining units in this building make it perfect for any investor looking to add to their portfolio.</td>
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<tr><th class='dispLabel'>Internet Links</th><td class='dispData'></td>
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<tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>9713</td>
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<tr><th class='dispLabel'>Client Details</th><td class='dispData'>Active Investor</td>
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<tr><th class='dispLabel'>Name</th><td class='dispData'>Simeon Papailias</td>
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<tr><th class='dispLabel'>Title</th><td class='dispData'>Sales Representative</td>
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<tr><th class='dispLabel'>Company Name</th><td class='dispData'>Royal LePage Signature Realty, Brokerage</td>
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<tr><th class='dispLabel'>Address Line One</th><td class='dispData'>#201 - 8 Sampson Mews</td>
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<tr><th class='dispLabel'>City</th><td class='dispData'>Toronto</td>
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<tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td>
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<tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>M3C 0H5</td>
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<tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td>
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<tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(416)443-0300</td>
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<tr><th class='dispLabel'>Cell Number</th><td class='dispData'>(416)791-0075</td>
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<tr><th class='dispLabel'>Home Number</th><td class='dispData'>(416)791-0075</td>
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<tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=9713&msgnum=410606'>Send Email</a></td>
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<tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='http://www.reccanada.com' target='_blank'>Home&nbsp;Page</a></td>
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