This Multifamily Property is no longer advertised on LoopNet.com.

25 Lorne Ave
Newmarket, ON L3Y 2N4

Multifamily Property For Sale · 67 Units

INVESTMENT HIGHLIGHTS

  • Over 100% rental upside
  • Transit oriented - less than 1km from Newmarket GO Station
  • Strong suite mix - over 50% two bedroom units

PROPERTY FACTS

No. Units 67
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 1.64 AC
Building Size 66,000 SF
No. Stories 5
Year Built 1978
Parking Ratio 0.54/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Freezer
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Storage Space
  • Elevator
  • Maintenance on site
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 26 - 662
2+1 41 - 909

ZONING

Zoning Code R2 (Residential)
  • Listing ID: 28664635

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 25 Lorne Ave, Newmarket, ON L3Y 2N4