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We have another gem for you!
This is an off market property with six units located steps from downtown Oakville where the seller is selling it for 5% cap rate. Well, that’s what their calculations show but ours show a little bit lower than that.
The property will generate cash flow and this would be a property that you should buy and hold for a while. This is a six plex hence will require a commercial mortgage rates unless you take into account CMHC premiums. If you would like to find out more about commercial vs residential mortgages, please feel free to reach out to me.
Oakville Six Plex – Financial Review
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