13,500 ft²
Multifamily
$1,800,000
Sale


Krysta Boyer
Krysta Boyer

A rare find in this Market! Welcome to 70 Stokes, an Investors dream. This is a beautiful turnkey building with good rents and room for upside. The building is all brick, purpose built with main level walk-out. Many updates in the building including apartments which have been transformed into condo style apartments. These units may have granite countertops, subway tiling for a backsplash, stainless steel appliances including fridge, stove, dishwasher and over-the-range microwave, embossed laminate flooring throughout, wide plank porcelain tiling in bath, porcelain tiling in kitchen, a new bathroom vanity, two inch wood trim, and all wood doors. The apartments are well laid out and receive a great deal of natural light. Each apartment opens onto a private balcony. Each apartment is set-up for in-suite laundry. Coin operated laundry is conveniently located in the basement for tenants without in-suite laundry. Each apartment has its own water heater (located in the basement) and is separately metered for water and hydro. The rear of the property has parking for each apartment and visitors. The parking lot abuts a green space which has potential for further use. The building operates on radiant heat which is clean and reliable. This property is being sold at the same time as 221 Highview, which is around the corner. Pick up both properties and start building your St. Thomas portfolio. Please provide 36 hours notice for showings.


The Space
Asking Price$1,800,000
Available Space13,500 ft²
Net Operating Income$95505.00

The Building - 70 Stokes

A rare find in this Market! Welcome to 70 Stokes, an Investors dream. This is a beautiful turnkey building with good rents and room for upside. The building is all brick, purpose built with main level walk-out. Many updates in the building including apartments which have been transformed into condo style apartments. These units may have granite countertops, subway tiling for a backsplash, stainless steel appliances including fridge, stove, dishwasher and over-the-range microwave, embossed laminate flooring throughout, wide plank porcelain tiling in bath, porcelain tiling in kitchen, a new bathroom vanity, two inch wood trim, and all wood doors. The apartments are well laid out and receive a great deal of natural light. Each apartment opens onto a private balcony. Each apartment is set-up for in-suite laundry. Coin operated laundry is conveniently located in the basement for tenants without in-suite laundry. Each apartment has its own water heater (located in the basement) and is separately metered for water and hydro. The rear of the property has parking for each apartment and visitors. The parking lot abuts a green space which has potential for further use. The building operates on radiant heat which is clean and reliable. This property is being sold at the same time as 221 Highview, which is around the corner. Pick up both properties and start building your St. Thomas portfolio. Please provide 36 hours notice for showings.

Property TypeMultifamily
Floors3
Building Size13,500 ft²
Inquire
Krysta Boyer
Krysta Boyer
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