Six-unit apartment building located at 420-432 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.
67'7" X 37'4" Irregular
2025
PVC
Sliding , Casement , French door
Poured concrete
Wood , Stone , Vinyl
Asphalt shingles
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 420--432 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.
67'7" X 37'4" Irregular
2025
PVC
Sliding , Casement , French door
Poured concrete
Wood , Stone , Vinyl
Asphalt shingles
120'7" X 147'8" Irregular
13,701.38 SF
Landscaped
Flat
Panoramic
Unpaved
Driveway : 12
Highway , Daycare centre , Golf , Park , Bicycle path , Elementary school , Public transportation
Residential
Electric baseboard units
Electricity
Gas fireplace
Unknown
Unknown
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