Newmarket L3Y 1K1 Ontario
MLS: N12825060
Added 2 hours ago | For Sale
Listed by: RE/MAX REALTRON REALTY INC.
Rare Institutional-Grade Residential Portfolio Offering Twenty-Two (22) Freehold POTL Townhomes Sold As One Bulk Acquisition. Fully Tenanted & Income-Producing From Day One, This Stabilized Portfolio Delivers Immediate Cash Flow With Long-Term Capital Appreciation Potential In A Supply-Constrained GTA Growth Corridor. 100% Occupancy With Established Tenant Base Provides Secure Income Today With Rental Upside Potential Tomorrow. Each Of These 3-Storey Townhome Is Individually Titled With Separate PINs (See Schedule C), All Units Exceed 2,400 Square Feet, With Select Units Approaching 2,600 Square Feet, Offering Spacious Layouts Rarely Found In Comparable Rental Product. Some Units Include Private Elevators, Enhancing Accessibility & Tenant Appeal. These Homes Offer 3 Spacious Bedrooms, 4 beautifully Finished Bathrooms, a Convenient Third-floor Laundry Room & An Oversized Built-In Garage. Each Home Is Equipped With a 200-amp Electrical Panel To Support Modern Living Needs. Freehold POTL Structure With Approximate Monthly Fees Of $160 Per Unit Covers Common Elements Maintenance. Located In The Heart Of Newmarket Along The Yonge Street Corridor, Within Walking Distance To Historic Main Street, Upper Canada Mall, Southlake Regional Health Centre, Ray Twinney Recreation Complex, Fairy Lake Park, Schools, Library, Grocery & Everyday Amenities. Minutes To GO Transit, Highway 404 And 400, Offering Direct Connectivity To Toronto & Major GTA Employment Hubs. This Portfolio Is Ideally Suited For Institutional Investors, Private Equity And Real Estate Funds, Family Offices, High-Net-Worth Individuals, Syndicates & 1031 Exchange Buyers Seeking Scale, Stability, And Long-Term Growth Within A Prime GTA Market. Exceptional Bulk Portfolio Opportunity: 22 Assets, One Closing, Immediate Yield, Long-Term Strategic Value. Please Contact Listing Agent For Other Details. Detailed Financial Information & Rent Roll Available Upon Execution Of Non-Disclosure Agreement.