Multi-Family Articles

Jan. 6, 2019

Sandy Hill Fourplex, sold Dec. 2018

Analyzing the financials on a Fourplex in Sandy Hill that sold in December 2018

This building sold for $1,495,000, $54,000 less than the listed price. There were 3 x 3 bedroom apartments and 1 x 4 bedroom apartment. All of the units in this building pay for ...

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Dec. 7, 2018

West Centretown Triplex, sold Nov. 2018

This Triplex sold in November, was in a very good location and it will be owner-occupied.

This building sold pretty quick, and for $19,900 less than the asking price. It was fire retrofit and it had Two 1 bedrooms and One 1 bedroom apartment.

West CentretownTriplex, Sold November 2018 ...

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Nov. 5, 2018

4 Vanier Income Properties, sold Oct. 2018

Usually we profile One multi-Family building that sold, this month we are taking a look at 4 properties, all from Vanier

The table below gives you all of the financial information from a couple of 6-Plex's as well as a 9 unit and a 10 unit Multi-Family building. We ...

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Nov. 1, 2018

Tenant use of Cannabis in Ontario

tenant use of cannabis in their apartment

This article covers a couple of recent changes that will affect owners and purchasers of income properties.

As you are probably aware, the province of Ontario has recently mandated the use of their leases for all landlords and tenants. Failure to provide the lease, if requested by a tenant, will ...

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Oct. 1, 2018

Overbrook Triplex sold September 2018

Tri-Plex Property sold in September, in Overbrook

This property is a Triplex that was sold in September, it was listed at $769,900 and sold for $760,000 in just 26 days. This building was made up of a 1 bedroom apartment and Two 2 Bedroom Apartments, both of the ...

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Sept. 7, 2018

Centretown 6 Unit sold August 2018

This Six Unit Income Property sold in August, in Centretown

Have a look at the table below for all of the financial info on this 6-Plex from Centretown or watch the video where Pat will go through all of the numbers and let you know if they are good or ...

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Aug. 4, 2018

Westboro 4 Unit Sold in July 2018

Fourplex sold in July, it was located in the Westboro Neighbourhood

We have seen a number of multi unit residential buildings sell in 2018 with negative cash flows. This is based on a 35% down-payment.

In the early to mid 2000's an astute investor could purchase a building with ...

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July 9, 2018

Centretown 7 Unit Sold in June 2018

We found a 7 Unit apartment building that sold in June and below are the financials on it.

There was a mix of bachelor apartments as well as 1, 2 and 3 bedroom apartments. It took 65 days to sell and it sold for $44,000 under the asking price ...

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June 7, 2018

Vanier 5 Unit Sold in May 2018

The financials we are looking at for May is on the sale of a 5 Unit Apartment Building in the Vanier Neighbourhood

This building took 125 days to sell and it sold for $790,000 which is $10,000 below the listed price. It was Fire Retrofit and had 6 ...

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May 9, 2018

The Glebe Triplex Sold April 2018

This month we are looking at the financial information on the recent sale of a Triplex from the Glebe

This property sold for $70,000 under it's asking price, so there were likely not multiple offers on this One, as we are seeing with a lot of Income Properties ...

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