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Home valuation

View all 22 photos22

For sale

$4,450,000

56 South Forster Park Dr, Oakville, L6K 1Y7

0 Baths
0 Parking
sqft

56 South Forster Park Dr, Oakville, L6K 1Y7 — For sale @ $4,450,000

17,424

Listing Overview

Description: Located within a 5-minute drive from downtown Oakville, this offering includes a freestanding, 15-unit low-rise apartment building. All units are two bedroom units, with two units vacant at the time of sale. The Property benefits from stabilized income, rented laundry facilities, and additional parking revenue. The Property has a projected Year 1 Net Operating Income of $180,877 and is ideal for investors seeking significant upside potential in one of the GTA's most desirable submarkets. Significant upside potential exists through rent adjustments on tenant turnover, making this an excellent option in a supply-constrained market.
10 days
On Market
Investment
Property Type
$18,483 / Year
Est. Taxes
Apartment
Style
Apts-13 To 20 Units
Business Type
-
Franchise

Location & Areas

Commute

56 South Forster Park Dr, Oakville, L6K 1Y7

Listing Details

Lot Depth:: 148 Feet
Lot Width:: 115 Feet
Style:: Apartment
Exterior Construction:: -
Roof Material:: -
Patio/Deck:: -
Driveway:: -
Swimming Pool:: -

Schools nearby

Or

Listing Brokerage

MLS® Listing: W13002336
Brokerage: COLLIERS

COLLIERS - Disclaimer: The information contained in this listing has not been verified by COLLIERS and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.

Ontario
56 South Forster Park Dr, Oakville, L6K 1Y7