To be built 3 storey investment property with Elevator in the beautiful town of Almonte Ontario. Building will be completed & fully tenanted by summer 2019. 24 rental apartments with 2 x one bedrooms, 17 x two bedrooms, & 5 x three bedrooms units. Building has efficient hot water boiler system. ERV's (energy recovery) in each unit, 24 hydro meters (tenants pay for in-unit hydro costs), ELEVATOR, 35 parking spots incl. visitor and disabled parking, 40-year fiberglass shingles, double pane laminated glass windows for reduced noise and UV. Each apartment will be equipped with a fridge, stove, and dishwashers. Great management team in place & existing contract can be assumed. Live-in superintendent. Income generating Laundry facilities on each floor with Coinamatic machines. Located a short distance to grocery stores, shopping, Almonte hospital & downtown Almonte with it's many restaurants & shops. Income and expenses are estimated as the building is yet to be completed. Comps available.
Natural gas Hot water radiator heat