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Under $100,000/Suite! Exceptional Opportunity To Acquire 22-Unit Rental Complex In Colborne, Ontario. Significant Rental Upside As 15 Years Rent Control Under Forgivable RRAP Conversion Loan Discharged In April 2022. Fully-Occupied With 19 Studio Suites And 3 X 1-Brm Suites On 2.05 Acres With Ample Parking. Offering Memorandum Available On Request. Access To Due Diligence Material Is Available To Prospective Purchasers Who Complete The Confidentiality Agreement Available At Https://Ontarioapartmentgroup.Ca/Ca/123-King/ (id:24093)
Listed by DEREK GREEN of RE/MAX Eastern Realty Inc. Brokerage 178

Property Details of 123 King Street East

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"Based on information submitted to CREA as of December 9, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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