Are You Excited?

Today I'd like to highlight some of the awesome listings we're fired up about. Check them out, and call us to learn more.

May 24, 2024

Read Time: 1 minute

Next week, I'll provide a comprehensive pulse-check on the multifamily market along with predictions for H2.

For now, I'll just tell you that I'm bullish.

Today, I'd love for you to take a look at some of the opportunities our team's excited about.

Reach out to our team to learn more. We'd love to chat with you.

(did someone forward you this email? Sign up [here](http://www.onmultifamily.com)).

ON MARKET

Below are some of the mandates we're currently working on. Call myself, Zoe Prachter, or Chris Bertucci and let's get a deal done.

312 Quebec Ave, Toronto (6 Units)

Property Description: Located in a key residential area, 312 Quebec Avenue represents a compelling investment opportunity. This property, a well-maintained 6-plex, consists of four one-bedroom units, one two-bedroom unit, and one three-bedroom unit.

The property boasts a Year 1 Net Operating Income (NOI) of $127,171, and is enhanced by assumable CMHC financing at an attractive rate of 1.91%.

The rear lot widens to 60 feet, providing an innovative option to convert five existing garages into garden suites, which could significantly increase the rental income.

Price & Process: $2,649,000 with offers being reviewed upon receipt.

Brochure & NDA: Access the brochure [here](https://mcusercontent.com/87232bcc93f1dd394870ffcbd/files/15edac0e-fd26-a815-ce1d-f681be807019/312_Quebec_Avenue_Brochure_1_.pdf) and [sign the NDA](https://apps.colliers.com/DigitalDocs/Accept/e2ae3b30-fc3b-40dc-9170-c21a407d5ad3) for the full package.

1260 Webster St, London (46 Units)

Property Description: 1260 Webster Street in London Ontario presents a strategic investment opportunity. This 46-unit property comprises of 24 one-bedroom and 22 two-bedroom units, all uniquely offering separate hydro metering and equipped with forced air electric heating and A/C - a rare find in the region. The building’s efficient design and utilities cater directly to the cost-conscious investor.

Price & Process: 4.75% Cap Rate on Year 1 NOI of $439,033. Vendor is open to a VTB of up to $1,000,000. Offers to be reviewed upon receipt.

Brochure & NDA: Access the brochure [here](https://listingsprod.blob.core.windows.net/ourlistings-can/f2a6bfc0-d150-4e70-a12f-f245c5f4b505/70f7f411-737c-4dd2-bac6-83c4e47e124e) and [sign the NDA](https://apps.colliers.com/DigitalDocs/Accept/6e0d87be-dce0-4785-b7f2-41302f4cf8cb) for the full package.

COMING SOON

Bathurst & College Portfolio (81 units): 4 Building portfolio comprised of beautifully refurbished bachelor & one-bedroom units in one of Toronto's premiere downtown neighbourhoods.

Niagara Falls Low Rise (19 Units): This property features 18 large one-bedroom units and 1 bachelor. Attractive in-place assumable debt, great location, and an excellent overall value-add opportunity.

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UNDER CONTRACT

126 Alice St, Bracebridge (25 Units): In the heart of Bracebridge, Ontario, Canada: "Weber Apartments." This gorgeous property is a value-add opportunity with an average upside potential of 54%.

80 South Forster, Oakville (31 Units): Almost exclusively two and three bedroom units located in the prestigious community of Oakville, Ontario. 80 South Forster Park Drive presents an exceptional investment opportunity.

👋 P.S. I helped my clients sell $263M in 2023 ([see recent deals](https://www.collierscanada.com/en-ca/experts/dayma-itamunoala)).

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