REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,499,000
Est. payment | /mo
12,161 SqFt
$ 5,499,000
Est. payment | /mo
12,161 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,161 sqft
Price per Sqft $452
Subdivision 510 - Deep River
MLS Listing ID X12455328
Annual Tax Amount $24,106
Tax Year 2025
Property Sub-Type Investment
Property Description
27 Tamarack Street offers a rare opportunity to acquire a fully condomniniumized, well-maintained 23-unit building in a quiet, family-friendly community. The mix includes 13 two-bedroom and 10 three-bedroom units, all featuring spacious layouts, modern kitchens with stainless steel appliances, in-suite laundry and updated bathrooms. With ample surface parking and proximity to schools, parks, shopping and healthcare, the property attracts quality tenants and boasts low vacancy risk. As part of Renfrew Standard Condominium Corporation #13, it offers the flexibility to sell units individually or operate as a traditional rental. Offered at a 6.17% cap rate with projected Year 1 NOI of $339,077, this asset delivers immediate cash flow and long-term upside in a supply-constrained rental market.
Location
Province ON
County Renfrew
Community 510 - Deep River
Area Renfrew
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 45691.0
Lot Depth 287.43
Listed by COLLIERS
GET MORE INFORMATION
