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$ 14,850,000
Est. payment | /mo
64 Baths
64,408 SqFt
$ 14,850,000
Est. payment | /mo
64 Baths
64,408 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 64,408 sqft
Price per Sqft $230
Subdivision Grove East
MLS Listing ID S12044590
Building Age 6-15
Annual Tax Amount $152,800
Tax Year 2024
Property Sub-Type Investment
Property Description
Rare student housing investment opportunity in Barrie, for an investor looking for an immediate cash flow. These two apartment buildings are located seconds off Highway 400 and 300m away from Georgian College - Main Campus and walking distance to all major amenities. The two buildings are comprised of 32 units and 144 beds (total) and are to be sold as package. The two buildings are grossing a combined $117,860 in rent each month. Showings by appointment only.
Location
Province ON
County Simcoe
Community Grove East
Area Simcoe
Zoning RA1 (SP-457)
Interior
Cooling No
Inclusions 32 fridges, 32 stoves, 32 dishwashers, 32 washers, 32 dryers, 16 hot water tanks.
Exterior
Utilities Available Available
Lot Frontage 200.02
Lot Depth 258.58
Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN