Description
Rare opportunity to acquire two newly built six-unit bungalow townhouse buildings, offering a total of 12 modern residential units designed for long-term rental appeal, low-maintenance ownership, and strong tenant demand. Less than five years old, these slab-on-grade buildings provide investors with the confidence of newer construction, efficient systems, and a highly marketable unit mix. Each unit features a bright and functional bungalow-style layout with 2 bedrooms, 2 full bathrooms, an attached garage, stainless steel appliances, stone countertops, and a ductless heat pump providing efficient heating and cooling year-round. The single-level design appeals to a wide range of tenants, including downsizers, professionals, small families, and those seeking accessible, low-maintenance living. With modern finishes, private garages, and individual townhouse-style entrances, this offering stands apart from traditional apartment-style rentals. The combination of newer construction, desirable layouts, and durable finishes helps support tenant retention while reducing the capital improvement concerns often associated with older multi-unit assets. Purpose-built for today’s rental market, this is an excellent opportunity for investors seeking a stabilized, turnkey multi-residential asset with strong curb appeal, efficient operation, and long-term income potential. Units are currently at 100 percent occupancy! **Option for mortgage assumption or share sale to save on fees and streamline the process!
Listing Details
Cordwood & Penwood Lane, Upper Hammonds Plains, B4B 2H9
ACTIVE
$4,500,000
202609105
n/a
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3
41470576
Municipal
Septic
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Building Specifications
Slab
Asphalt Shingle
Vinyl
Laminate
