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Apartment Buildings/Condos/Townhouses
1,000,000 and up. - Listings

Message #7334
Date: 28-May-97 14:23

HAVE

Type: Apartment
Location: Scarborough
Price: $1,550,000
Size: 30 units
Gross Operating Income: $273,000
Expenses: $142,000
Net Operating Income: $131,000
Cap Rate: 8.5%
Loans: 1st $860,000 @ 9% due 2,000 VTB 2nd with good DP.
Comments: Desireable area of Scarborough waiting list retrofit "done" Possible to renegotiate 1st mtge. New balconies exc.
Client Type: Active Investor
Client Situation: No real problem
Client Will: take back mortgage
Control: know about

Contact:

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Message #7333
Date: 28-May-97 13:59
Next Reply is Message #7345

HAVE

Size: 51 units
Building Area: 60,000 sq.ft. (4x15,000)
Site Area: 2 acres (205ft x 426 ft.)
Zoning: R5-DT-Residential
Gross Operating Income: $442,000/yr.
Expenses: 95,000/yr. (does not incl.tax)
Net Operating Income: $347,000/yr.
Cap Rate: 13%
Loans: 1st $1,248,000 @ 9.5% $18,038 PIT ; 2nd $ 300,000 @ 9.5% $ 2,375 PIT
Comments/Sizzle: North of Dundas St. client waiting list taxes $62,000/yr incl in 1st mortgage payment. Possible to negotiate 1st & 2nd mtgs to yield 13% R.O.I.
Client Situation: No real problem
Client Objective: taking profit
Control: MLS

Contact:

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Message #7325
Date: 28-May-97 13:26

HAVE

Type: Apartment Building
Location: Toronto
Price: $1,100,000
Size: 30 units
Cap Rate: 8%
Comments: Principals only. Will pay referral for your client.

Contact:

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Message #7297
Date: 19-May-97 21:47

HAVE

Type: Condominium Units
Location: Brockville, Ontario
Price: depending on # units
Size: 47 condominiums
Expenses: condo fees $120/month
Comments/Sizzle: Great investment opportunity! Lovely Brick Condos, nicely painted + decorated. Refrigerator, stove & dishwasher included. Can also be sold in 5 unit packages.
Client Type: Investor
Client Situation: Owner has to recover capital investment

Contact:

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Message #6940
Date: 18-Feb-97 11:09

HAVE

Type: Apartment Building
Location: Hamilton
Price: $4,750,000
Size: 130 Suites
Site Area: 27,300 sq.ft.
Zoning: E
Gross Operating Income: 938,800
Expenses: 546,800
Net Operating Income: 392,000
Cap Rate: 8.55%
Loans: $3,242,654
Comments/Sizzle: Very well located high recent capital investment. Upper scale. Large whirlpool plus saunas.
Client Type: financier
Client Situation: no real problem
Client Objective: retire/passive
Client Wants: cash
Explain Motivation: off shore partnership. retirement

Contact:

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Message #6692
Date: 28-Nov-96 13:42

HAVE

Type: Apartments
Location: Oshawa
Price: $3,200,000
Size: 50 units
Cap Rate: 7.5%
Comments: Top of the Line

Contact:

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Message #6691
Date: 28-Nov-96 13:36

HAVE

Type: Apartments
Location: Small town in South Western Ontario
Price: $1,921,000 and $2,278,000
Size: 43 units + 51 units
Cap Rate: 10% +
Comments: Tenants pay own heat, hydro, hot water

Contact:

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Message #6667
Date: 26-Nov-96 16:00

ENVIRONMENTAL SERVICES

SPECTRUM ASSOCIATES offers a full range of environmental expertise, with a multi-disciplinary team of engineers, chemists, technicians and clerical personnel. The company, in operation since 1984, has its own fully equipped environmental laboratory. The Toronto area office is in Oakville, Ontario, and the Ottawa area office is in Nepean, Ontario.

FIELDS OF EXPERTISE:

  1. - Site assessment and clean-up
  2. - Plant/Site decommissioning
  3. - Waste Management
  4. - Environmental Permits
  5. - Environmental Audits
  6. - Certificates of Approval
The company provides a fully integrated approach to environmental projects including sampling, analysis, environmental studies and design, and project execution.

SPECTRUM has extensive project experience related to its range of services provided to a variety of clients in the manufacturing, chemical/ pharmaceutical, transportation, and real estate industries. For a comprehensive description and list of typical projects completed, for each category of environmental service, we suggest uploading our on-line file: SPECTRUM.DOC in the PROPERTY file section.

If we can be of service to you or should you wish to obtain further details, please feel free to call or leave an e-mail message to the attention of: Ron Bobker or Joe Parascandalo. SPECTRUM ASSOCIATES.

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Message #6594
Date: 20-Nov-96 15:19

HAVE

Type: Apartment Building
Location: North York, Ont.
Price: $ 6,320,000 ($ 40,000 / suite)
Size: 158 Suites
Site Area: 2.67 acres
Gross Operating Income: $ 1,396,476
Expenses: $ 765,483
Net Operating Income: $ 630,993
Cap Rate: 10%
Loans: First $ 1,246,000 @ 8.75% due 2005 Second $ 1,350,000 @ 8.41%, due 5 yrs. (can be increased)
Comments: Good quality building for a good price in a good rental area
Client Type: Investor
Client Problem: Age
Objective: Out of Real Estate, Retire
Control: Exclusive

Contact:

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Message #6473
Date: 23-Oct-96 10:42

HAVE

Fantastic apartment complex call Robert Milne of Ariston Realty 9680800 apartment building for sale in Kingston Ontario. 150 Units in a great location priced to sell at $4.250M or an amazing $28,333 per unit. Treat as clear there is no mortgage financing on this property. I can assist with low rate financing. Home office number 905-882-0883 Not on the MLS and not the product that CMHC has been trying to sell that we are all familiar with. Act quickly, will not last long.

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Message #6426
Date: 01-Oct-96 16:02

HAVE

Type: Apartment Building
Location: Etobicoke, Ont.
Price: $ 1,323,000
Size: 27 apartments, (13 - 1 bedr., 14 - 2 bedr.)
Gross Operating Inc.: $ 221,880
Expenses $ 93,l54
Net Operating Income $ 128,726
Cap Rate: 9.7%
Loans: First Mtg. $470,000 @ 10%, due April 97 (can be discharged)
Comments: Building in top shape, very good rental area close to schools, shopping. Tenants pay own hydro.
ClientType: Investor
Client Problem: Health, Age
Control: Exclusive Listing

Contact:

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Message #6364
Date: 09-Sep-96 20:10

HAVE

Type: Investment - Apartment Building
Location: Hamilton Downtown
Price: $1,290,000
Size: 34 suites
Site Area: 135.06' x 152.62'
Zoning: DE-3 Multiple Dwelling
G.O.I.: $212,623
Expenses: $102,776
N.O.I.: $109,847
Cap Rate: 8.5%
Comments: 6 storey apt bldg, containing 34 suites - 3 bachelor; 10 - 1 bedrm; 21 - 2 bedrm. Firecode retrofit has been completed. Ample Parking
Client Type: Passive Investor
Client Problem:Entity dissolution
Objective: Taking Profit
Motivation: Part paper/cash
Client Will: Take back mortgage
Wants: Cash, Cash and Paper
Control: MLS

Contact:

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Message #6324
Date: 26-Aug-96 21:28

HAVE

Type: Apartments + Stores
Location: Beaches Area of Toronto
Price: $1,340,000
Size: 10 Apartments + 4 Stores
Building Area: 9800 sq.ft
Site Area: 6400 sq.ft
Zoning: MCRT2.0 C1.0 R2.0
Gross Operating Inc: $168,245
Expenses: $ 45,225
N.O.I: $123,020
Cap Rate: 9.18%
Loans: Treat as Clear
Comments/Sizzle: Prime Location in Beaches area of Toronto ! Stores & Apts always rented. Call for Fax package.
Client Type: Passive Investor
Objective: Retiring - Wants to take profit
Wants: Prefers all cash offer, but may consider a small VTB 2nd Mortgage.

Contact:

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Message #6182
Date: 10-Jul-96 11:17

HAVE

Location: Burlington, Ont.
Price: $ 3,600,000
Size: 63 Apartments plus 2 Fourplexes
Area: 2.5 acres
Gross Income: $ 580,704
Expenses: $ 215,901
Net Income: $ 364,803
Cap rate: 10%
Financing: Treat as Clear. Purchaser to arrange own Financing.
Comments: Distress Sale. Excellent location. Desirable Neighbourhood. High Quality buildings.

Contact:

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Message #5994
Date: 01-Jun-96 00:09

HAVE

Type: Apartment Building (38 Units)
Location: Scarborough, Ontario Lawrence & Victoria Park
Price: $l,950,000.
Size: Lot 114 ft. x 236 ft.
Zoning: Multiple
Gross Income: $330,000.
Expenses: $l33,000.
Net Income: $200,000.00
Cap Rate: l0%
Loans: lst mtge. $l,400,000. at. 7.65% due May 2001
Comments: Close to TTC & shopping. One bus to subway. Excellent Condition

Contact:

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Message #5903
Date: 04-May-96 11:46

HAVE

Type: Apartment Building
Location: Etobicoke
Price: $1,175.000
Size: 23 units
GOI $201K
Expences: $60K
NOI: $141K
Cap Rate: 11,2%
Loans: clear
Comments: Thermo windows,4-year new roof,retrofit,gas water heat, 11 garages,12 parking
Client Type: User/Manager Passive Investor
Client Problem: no problem
Objective: Retire/Passive
Client Will: Take Back Mortgage
Wants: Cash and Paper
Recomendation: Try $300K Down VTB

Contact:

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Message #5581
Date: 12-Mar-96 14:07

HAVE

Type: Detached 48 furnished unit suites + baths
Location: Toronto, Downtown
Price: $1,200,000
Building Area: 13,942 sq.ft.
Zoning: presently has a rooming house license
Gross Operating Income: $274,000
Expenses: $112,161
Net Operating Income: $161,839
Cap Rate: 13.5% +/-
Comments/Sizzle: Addditional income potential - 3rd floor another unfinished 1,400 sq.ft.
Client Problem: Need out of real estate, no real problem
Client Will: take back mortgage

Contact:

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Message #5461
Date: 13-Feb-96 16:37

HAVE

Type: 2 Apartment Buildings
Location: Toronto
Price: $13,530,000 ($27,500 per suite)
Size: 492 Suites with a good mix of units
Site Area: 6.59 acres approx.
Gross Operating Income: $3,541,200 - 1994
Expenses: 2,194,400
Net Operating Income: 1,346,800
Cap Rate: 9.95%
Loans: Treat as clear. Agent can assist in arranging new first mortgage. Vendor will consider holding a 2nd up to $2,000,000
Comments/Sizzle: Buildings must be sold together. Retrofit to be completed. Buildings do needsome work. There appears to be a good upside to this transaction.
Client Type: Passive Investor
Motivation Rating: Vendor lacking required cash for improvements
Control: Exclusive

Contact:

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Message #5459
Date: 13-Feb-96 16:11

HAVE

Type: Apartment Building
Location: Brantford, Ontario
Price: $4,100,000
Size: 92 units (56-1bdrm;34-2bdrm;1-3bdrm;1 bach.)
Site Area: 1.6 acres (approx.)
Gross Operating Income: $712,000
Expenses: 232,000
Net Operating Income: 489,000
Cap Rate: 11.7%
Cash on Cash: 24.6%
Loans: 1st $3,180,000 @ 6.48% due april 1999 $21,155/mo. CMHC Insured. Small VTB 2nd possible
Comments/Sizzle: fire retro is complete, new boiler in 1995. Building is in top condition.
Client Type: Passive Investor
Motivation Rating: Client is well motivated and would like a reasonably fast sale.
Control: Exclusive Listing

Contact:

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Message #5429
Date: 31-Jan-96 23:57

HAVE

Type: Apartment Building
Location: Scarborough
Price: $1,950,000
Size: 38 units
Site Area: 114 x 236 feet
Zoning: multiple residential
Gross Operating Income: 330,000
Expenses: 133,000
Net Operating Income: 197,000
Cap Rate: 11%
Loans: 1,100,000 @ 11.25% due May 1st 1996
Comments/Sizzle: Excellent condition. Increase income upon renewal of mortgage 3% extra income is $33,000

Contact:

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Message #5423
Date: 31-Jan-96 23:18

HAVE

Type: Modern Apartment Buildings
Location: Toronto
Price: $35,000 to $41,000 per suite
Size: 106 to 430 suites (several buildings)
Site Area: Substantial sites plus parking above and underground.
Cap Rate: Deals will be structured to show approx. 10% R.O.I.
Loans: treat as clear. Eligible for up to 85% financing.
Comments/Sizzle: These are modern bulidings approx. 25 years old but fully updated and in excellent condition.
Client Type: Builder/Developer, User/Manager
Client Problem: entity dissolution, new opportunity, partners disagree, no real problem.
Objective: taking profit, retire/passive.
Motivation Rating: part paper/cash
Client Will: provide finan. stmt., take back mortgage.
Explain Client's Motivation: other business focus and interests plus desire to cash in.

Contact:

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Message #5407
Date: 31-Jan-96 01:52

HAVE

Type: 47 unit 8-storey apartment building
Location: Hamilton, Ontario, CANADA
Price: $1,750,000
Suite Type: 47 one bedroom suites, + 2 warehouses in backyard Sizzle: brick construction, terrazzo to 3rd floor, all balconies, hot water gas heat

Contact:

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Message #5018
Date: 21-Sep-95 13:42

HAVE

Type: Multi-Residential, Townhouses
Location: Kitchener-Waterloo
Price: $2,150,000
Size: 58 units
Gross Operating Income: $387,214
Net Operating Income: $197,203
Cap Rate: 9.17
Loans: clear
Control: Exclusive Listing

Contact:

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Message #5017
Date: 21-Sep-95 13:40

HAVE

Type: Multi-Resendiential Townhouses
Location: Kitchener-Waterloo
Price: $3,500,000
Size: 80 units
Gross Operating Income: $630,993
Net Operating Income: $355,152
Cap Rate: 10.15
Loans: clear
Control: Exclusive Listing

Contact:

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Message #5016
Date: 21-Sep-95 13:39

HAVE

Type: Multi-Residential Townhouses
Location: Kitchener-Waterloo
Price: $3,175,000
Size: 74 units
Gross Operating Income: $510,862
Net Operating Income: $314,430
Cap Rate: 9.9
Loans: clear
Control: Exclusive Listing

Contact:

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