5 Devinwood Avenue Walkerton, ON N0V2G0
Listing Courtesy of: ITSO / Ed Lowe Limited Brokerage
$15,000,000
31
BED
31
BATH
12,500
SQFT
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  5 Devinwood Avenue Walkerton, ON N0V2G0

Active (100 Days)

Description

31 Unit, new concrete luxury, elevator equipped Apartment building. (construction to begin this Summer). All units are 2 bedroom, 2 bath with 5 appliances. Walkerton is a high demand area for upscale units for business relocation and retirement. The sale also includes approximately 1.6 acres of land. Site planned for an additional 31 unit building. The net income calculated for the single 31 unit building is 4.25% cap rate. Building the second 31 unit will increase cap rate to approximately 5%.

MLS®:
40249720
Lot Size
1.6 acres
Type
Multifamily
Views
City, Meadow
County
Bruce County
Community
Bruce
Bathroom Details
Interior Features
  • Elevator
  • Separate Hydro Meters
  • Separate Heating Controls
  • Ventilation System
  • Water Meter
  • Water Heater
Property Features
  • Flat
  • Foundation: Concrete
Heating and Cooling
  • Heat Pump
  • Other
  • Central Air
  • Energy Efficient
Exterior Features
  • Roof: Flat
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Exclusive
Location
Map View | Street View
   
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 8/12/22 11:13

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