123 East Street
Central Huron, N0M 1L0
FOR SALE
$1,750,000

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Investment
CATEGORY442.83 x 114.42
LOT SIZEX13080648
MLSIDContact Us
Property Description
22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance.
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Property Details
Address
123 East Street
Community
City
Postal Code
N0M 1L0
Property Type
Investment, Investment
Use
Apartment
Zoning
R3-2
Lot Size
443' x 114'
Taxes
$22,550 (2025
Heat Type
Baseboard
Water
Municipal
Garage Type
Street
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Listing contracted with Mysak Realty Inc.
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