?Seven income-producing units with current gross scheduled rent of $84,000 annually.
?Current rents average approximately $1,000 per unit per month.
?Conservative pro forma rent of $1,600 per unit produces $134,400 annual gross scheduled income.
?Approximately $50,400 of potential annual gross rental upside.
?Manager's unit currently pays $800 per month.
?Current property tax is only approximately $910 annually due to the low assessed value.
?Central Ontario location along the Euclid Avenue corridor.
?Value-add profile suited to an investor seeking income growth over time.