170-180 NORTHUMBERLAND Street, Ayr, Ontario, N0B1E0

Property Description

170–180 Northumberland Street consists of two four-storey, purpose-built apartment buildings constructed in 2020, comprising a total of 62 suites across approximately 52,000 SF. The portfolio features a mix of one- and two-bedroom units with in-suite laundry, modern finishes, and on-site surface parking. The offering includes an assumable CMHC-insured first mortgage with CMLS Financial of approximately $19.5 million at a 2.85% interest rate, representing up to 85% loan-to-purchase. (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 0
• Bathrooms: 0
• Living Area: 52,000 sq ft (4,831.0 m²)
• Above Grade: 52,000 sq ft (4,831.0 m²)
• Year Built: 2020
• Ownership: Freehold
• Parking: 94 spaces (Open)
• Lot Size: 1.4000 acres (0.57 ha)
• Frontage: 295 ft (89.9 m)

Costs

• Annual Taxes: $85,920.68

Listing Provided by: Royal LePage Burloak Real Estate Services
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.