6 Algoma St Wawa, Ontario P0S 1K0
$1,895,000
Attention Investors! Opportunity In Wawa, On At A Significant C.A.P. Rate. This Multi-Family Offering Is 18 Units Across 3 Floors (17 X 2 Bedroom, 1 X 1 Bedroom). Located On Wawa Lake In The Heart Of The Community. Wawa Is Considered The Hub For The Mining And Forestry Industries Of Northern Ontario. Invest In A Well-Maintained, Fully Tenanted Property With Significant Upside On Rents. Take This Property From Its Current 5% To A 10% Cap In A Short Period Of Time!**** EXTRAS **** 75% First Position Vendor Mortgage Available (Interest Only) At Below Market Rates. Coin Laundry & Tenants Pay Own Hydro. 10.29% Cap Projection Based On Suite Turnover. (id:39567)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X5677213 |
| Property Type | Multi-family |
Building
| Heating Type | Baseboard Heaters |
| Size Interior | 17200 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/24600373/6-algoma-st-wawa
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October 12 2022 04:25:07
Toronto Real Estate Board
Catalyst Real Estate Brokerage Ltd.