Overview
|Description
Turn-key six-unit investment property in the heart of Bradford West Gwillimbury, offering approximately $88, 000 in-place NOI with a clear path to roughly $110, 000 – about a 25% lift – as two below-market suites turn over to market. One 3-bedroom and five 2-bedroom apartments, five of six fully modernized within the last three years to contemporary standards.Significant recent capital investment: renovated suites, newly re-done driveway and retaining wall, and full fire-code compliance – a stabilized, low-management holding for a passive investor. On-site coin laundry provides ancillary income, and the oversized lot delivers parking for 8+ vehicles, a rare and valuable feature for a multi-residential asset of this size.Walking distance to the Barrie GO line for direct rail to Union Station, and to downtown Bradford’s shops, restaurants and everyday amenities. Positioned on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County’s fastest-growing communities, where sustained population growth and roughly 3% area vacancy continue to drive rental demand.A broad-appeal suite mix that supports stable income through the cycle, paired with genuine turnover upside – an efficient, well-improved opportunity for investors seeking in-place yield plus a defined growth path in the northern GTA rental market.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Window Unit(s)
- County: Simcoe
- Property Type: Residential
- Pool: None
- Parking: Private
- Architectural Style: 2 1/2 Storey
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