Number of Suites: 23
Suite Mix: 3 – Bachelors, 9 – 1 Bedrooms, 11 – 2 Bedrooms
Cap Rate: 6.59%
ROI (Cash-on-Cash): 9.69%
ROI (With Principal Recapture): 18.54%
Must be purchased with 51 Albert St N and 104 Mississauga St W.
Note: Owner’s corporation must be assumed. Corporation does not own any of the real estate. Owner will indemnify purchaser against any risks/liabilities/etc. respecting corp.