| Message Number | 409700 |
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| status | Active |
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| Subject Line | 31 unit luxury apt building, 2 bed 2 bath elevator being constructed on a new subdivision, 2nd 31 unit planned to be built on land expected 5% cap $15,000,000. |
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| Business area | |
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| Location, City | Walkerton |
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| Have/Want | Have |
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| Business category | Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | September 20 2022 |
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| Type Description | apartments |
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| Price | $15,000,000.00 |
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| Size | 31 units |
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| Comments | Bruce Power catchment area. A fast growing desirable area in south west On. proforma uses existing rents and expenses recorded on new build comparable buildings in this area Proforma net income $640,000.to $750,000.
build the second 31 units approved on the site and the cap rate expected is 5.5% plus completion expected late 2022 to early 2023 Being constructed by the developer
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| Internet Links | |
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| Client Details | Builder/Developer |
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| Explain Client's Motivation | completing subdivision |
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| Control | Listing |
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| Name | Bruce Brown |
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| Title | Sales Representative |
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| Company Name | Ed Lowe Limited, Brokerage |
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| Address Line One | 190 Dunlop Street East |
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| City | Barrie |
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| State/Province | Ontario |
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| Zip/Postal Code | L4M 1B3 |
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| Country | Canada |
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| Business Phone Number | (705)726-3871 |
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| Cell Number | 705 791 4748 |
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| Home Number | 705 791 4748 |
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| FAX Number | 705 726 8260 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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