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1-2 Read St W
43 Unit Apartment Building $10,300,042 USD ($239,536 USD/Unit) Merrickville, ON K0G 1N0
Investment Highlights
- 43-unit apartment building, 2026 completion
- 54 parking spaces, in-unit laundry
- Investment flexibility and upside potential
Executive Summary
Seize the rare opportunity to own a meticulously designed 43-unit apartment building, slated for completion by 2026. This project is perfect for both seasoned investors and those seeking a shared investment opportunity, offering flexibility and substantial upside potential. Located in rapidly growing Merrickville, where rental inventory is limited, this is the perfect time to enter the market. The building includes 54 parking spaces, in-unit laundry, ample storage, and a custom design that seamlessly blends with the area's rich heritage. Don't miss your chance to invest in one of the region's most desirable markets. Contact us today for more details and investment options!
Property Facts
Price | $10,300,042 USD | Building Class | B |
Price Per Unit | $239,536 USD | Lot Size | 1.81 AC |
Sale Type | Investment | Construction Status | Proposed |
No. Units | 43 | Building Size | 60,000 SF |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 2026 |
Apartment Style | Low Rise |
Price | $10,300,042 USD |
Price Per Unit | $239,536 USD |
Sale Type | Investment |
No. Units | 43 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 1.81 AC |
Construction Status | Proposed |
Building Size | 60,000 SF |
No. Stories | 3 |
Year Built | 2026 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 43 | - | - |
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zoning
Zoning Code | R4 |
R4 |
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1-2 Read St W
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