About Property

27 Tamarack Street offers a rare opportunity to acquire a fully condomniniumized, well-maintained 23-unit building in a quiet, family-friendly community. The mix includes 13 two-bedroom and 10 three-bedroom units, all featuring spacious layouts, modern kitchens with stainless steel appliances, in-suite laundry and updated bathrooms. With ample surface parking and proximity to schools, parks, shopping and healthcare, the property attracts quality tenants and boasts low vacancy risk. As part of Renfrew Standard Condominium Corporation #13, it offers the flexibility to sell units individually or operate as a traditional rental. Offered at a 6.17% cap rate with projected Year 1 NOI of $339,077, this asset delivers immediate cash flow and long-term upside in a supply-constrained rental market.

Features