123 King St E Cramahe, Ontario K0K 1S0

13028 sqft


Exceptional Opportunity To Acquire 22-Unit Rental Complex In Colborne, Ontario. Significant Rental Upside As 15 Years Rent Control Under Forgivable Rrap Conversion Loan Completed In April 2022. Fully-Occupied With 19 Studio Suites And 3 X 1-Brm Suites On 2.05 Acres With Ample Parking. Offering Memorandum Available On Request. Access To Due Diligence Material Is Available To Prospective Purchasers Who Complete The Confidentiality Agreement Available At Https://Ontarioapartmentgroup.Ca/Ca/123-King/**** EXTRAS **** Property Tours Wed & Fri 2-4 P.M. Offers Will Be Reviewed By The Seller Beginning 12:00 P.M. November 18, 2022. Included: 2 Coin Washers, 2 Coin Dryers, 22 Fridges, 22 Stoves, All Contents Of Tool Room Except For Owner's Personal Property. (id:48434)


Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X5809304
Property Type Multi-family
Community Name Colborne
Parking Space Total 22


Size Interior 13028 Sqft
Type Multi-family
Utility Water Municipal Water


Acreage No
Sewer Sanitary Sewer
Size Irregular 161.7 X 552 Ft
Size Total Text 161.7 X 552 Ft



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