4391 Jackson Street, Lincoln, ON L3J 0M8
$1,699,000
activeNEW
About This Property
A clean 11-unit building selling at aprox. a 7.1% cap rate based on real numbers, not projections. 10x2 Bedroom, 1x3 Bedroom. Tenants pay Hydro. Boiler roughly 7 years old. Turn key with No heavy lifting, no major repositioning needed to enjoy current phenomenal cashflow but if you want to work the asset and force appreciation there is tremendous upside to market rents. Tenant profile is both diverse and stable, comprising working families, skilled trades professionals, retirees, and individuals transitioning from higher-cost urban markets. Solid construction, key systems addressed, clean environmental, and a strong unit mix. Expenses are well-controlled at a 37.1% income to expense ratio, with potential to further optimize expenses. A stabilized, income-producing asset delivering strong in-place cash flow, with defined pathways to further drive value through operational improvements. Tours will be conducted Sunday April 26th from 11am-1pm. This is not an open house attendance must be confirmed
Property Details
Commercial
Active
X13021150
0
0
13,767
April 20, 2026
Features & Amenities
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9