Six-unit apartment building located at 410--420 Woodbine Street in Brownsburg-Chatham, situated on a 14,787 sq. ft. lot in a sought-after area. The property features six 2-bedroom (4½) apartments and 12 outdoor parking spaces. Fully leased, it generates $104,400 in annual rental income, providing excellent rental stability. The property also benefits from a transferable municipal tax exemption through 2028. Current municipal taxes primarily reflect the land value, resulting in a lower municipal assessment. Ideally located close to services and recreational amenities, this property represents an excellent investment opportunity.
This property may also be purchased together with the neighbouring buildings located at 422--432 Woodbine Street and 403--413 Woodbine Street. The sale may include the APH Select agreement as well as the existing corporation, providing a valuable opportunity to ensure operational continuity while saving time and reducing transaction costs.
Rare opportunity in a highly sought-after area. This six-unit apartment building, located at 410--420 Woodbine Street in Brownsburg-Chatham, sits on a 14,787 sq. ft. lot and features six bright 2-bedroom (4½) units with 12 outdoor parking spaces.
Fully leased, the property generates $104,400 in annual rental income, providing excellent occupancy stability and strong appeal to long-term tenants.
The property also benefits from a transferable municipal property tax exemption through 2028. The current municipal taxes primarily reflect the land value, resulting in a lower municipal assessment and significantly reduced operating expenses for the coming years.
Ideally located near parks, green spaces, cross-country ski trails, golf courses, as well as essential services and major transportation routes.
A rare investment opportunity combining a prime location, stable income, and outstanding long-term investment potential.
Building details and property interior
Dimensions
67' 7" X 37' 4" irr.
Year constructed
2025
Windows
PVC
Window Type
Sliding, Casement, French door
Siding
Wood, Stone, Vinyl
Roofing
Asphalt shingles
Lot and exterior features
Lot size
119' 3" X 147' 8" irr.
Lot area
1,276.80 m²
Topography
Flat
View
Panoramic
Driveway
Unpaved
Parking (total)
Driveway (12)
Proximity
Park, Bicycle path, Elementary school, Public transportation, Daycare centre, Golf, Highway