5 DEVINWOOD Avenue Walkerton Ontario N0V2G0

5 DEVINWOOD Avenue Walkerton Ontario N0V2G0
$ 15,000,000.00
  • Property ID: 137307
  • MLS #: 40249720
  • Type:
  • Bedrooms: 31
  • Bathrooms: 31
  • Area: 12500 sq ft
  • Lot size: 1.6 sq ft
  • Date added: 09/05/22

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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%. (id:48944)

Rooms & Units Descr

  • NumberOfUnitsTotal: 1

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Location Details

  • City: Walkerton
  • Province: Ontario

Property Details

  • SubdivisionName: Brockton
  • Levels: 4
  • Stories: 4
  • FrontageLength: 297 ft

Property Features

  • CommunityFeatures: School Bus
  • Heating: Heat Pump
  • CoolingYN: True
  • Cooling: Central air conditioning
  • OpenParkingYN: False
  • GarageYN: False
  • AttachedGarageYN: False
  • CarportYN: False
  • PoolYN: False
  • ViewYN: False
  • WaterfrontYN: False
  • Sewer: Municipal sewage system

Courtesy of

  • OfficeName: Ed Lowe Limited Brokerage
  • ListAOR: Barrie & District Association of REALTORS® Inc.

This style property is located in is currently and has been listed on GTA MLS Real Estate Listings. This property is listed at $ 15,000,000.00. It has 31 beds bedrooms, 31 baths bathrooms, and is 12500 sq ft. The property was built in year.

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