
56 South Forster Park Drive
Oakville - 1002 - CO Central
56 South Forster Park Drive
Oakville - 1002 - CO Central
Listed For $4,450,000
Get Pre-approvedAdded 1 month ago

Oakville - 1002 - CO Central
Oakville - 1002 - CO Central
Listed For $4,450,000
Get Pre-approvedAdded 1 month ago
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.
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* Values are estimates only and not a guarantee of lending or affordability.