$10,499,000
35 UNION STREET
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About this home
Fantastic Investment Opportunity To Acquire This Well Maintained And Fully Tenanted 45 Suite Residential Apt Building. Consists Of 35-2 Bedroom Suites & 10-1 Bedroom Suites, Tenant Pays Their Own Heat & Hydro. Many Improvement Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities Schools, Parks, Shopping & Recreational Center. Many Units Rented To Long Term Aaa Tenants. Fully Occupied W/Long Waiting List, The Building Is Monitored By Security Camera System ***Assumable 1st Mortgage Approximately 4.7Mil @3.50% Interest, Maturing December 1st, 2027 & 2nd Mortgage Available By Seller @ 3.5% Interest Rate With 25% Down Payment. (id:65958)
- Subtype
- Multi-family
- MLS#
- X12991268
- Area
- BELLEVILLE_(BELLEVILLE_WARD)
Cash on cash
-11.24%
Cap rate
3.64%
GRM
16.7
Break-even rent
$73,204
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.