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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
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 - -

zoning

Zoning Code R4
R4
  • Listing ID: 34110808

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 1-2 Read St W, Merrickville, ON K0G 1N0

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