71 John St E - Apartments FOR SALE


$1,480,000 CAD
905-252-4342
71 John St E, Bradford, ON for Sale
$1,480,000 CAD
Apartments - FOR SALE
1/1
null | 7% Cap Rate


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,480,000 CAD

PRICE/SF

$455 CAD /SF

# OF UNITS

6

PRICE/UNIT

$246,667

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew BolziccoVanguard Realty Brokerage Corp.,More Info
905-252-4342

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matthew BolziccoVanguard Realty Brokerage Corp.,More Info
905-252-4342

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.