289-266-1003
52 Sulphur Springs Rd, Ancaster, ON for Sale
Apartments - FOR SALE
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52 Sulphur Springs Rd
Ancaster, ON L9G 1L8


HIGHLIGHTS

  • Every unit above grade has a balcony, and units at grade have walk out terraces
  • Every suite has a deep closet in the front hall which is used for storage. There is also a coat closet in this front hall.
  • There is no immediate capital expenditure required for the building.
  • The Property has been professionally managed and well taken care of allowing a purchaser to acquire a turnkey asset.

OVERVIEW

Colliers (the “Advisor”) is pleased to present an exclusive opportunity to acquire a prime multi-residential property at 52 Sulphur Springs Road, Ancaster, the ‘Ryerson Park Apartments’. This offering presents a unique chance to invest in a high demand market with substantial growth potential. The Property has a healthy suite mix of 25 one-bedrooms and 5 two-bedrooms. The units feel spacious and there is lots of storage capacity in each suite, and there is even a pantry closet in each kitchen. Balconies are in good shape, and tenants can look out to a serene landscape of lush trees. Ryerson Park Apartments is extremely well located to potentially attract all profiles of residential Tenants. Currently catering to the ‘Seniors Living’ demographic, the Property provides tenants tranquility and lush greenery, and open space. It has ample parking and close to many amenities such as restaurants, parks, grocery stores and other entertainment options.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

30

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ryerson Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,441 SF

ZONING

-

APN/PARCEL ID

251814024051300

ASK ABOUT THIS PROPERTY

Alexander SilverColliersMore Info
289-266-1003

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Alexander SilverColliersMore Info
289-266-1003

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