Trophy Commercial Real Estate is pleased to exclusively present 1412-18 Windrim Avenue, a 9-unit multifamily investment opportunity offered at $975,000.

The property consists of four one-bedroom and five two-bedroom residences, totaling 6,750 rentable square feet, with an average unit size of approximately 750 square feet. The asset has been fully renovated. The asset generates a current NOI of $73,341, providing investors with an attractive 7.52% going-in cap rate at the asking price.

Investment Highlights:

• Unit Mix: 4 One-Bedroom | 5 Two-Bedroom

• Current NOI: $73,341

• Year 1 NOI: $78,755

• Year 1 Cap Rate: 8.08%

• Rentable Area: 6,750 SF

• Average Unit Size: 750 SF

• Rental Upside as Existing Leases Roll

The investment combines strong in-place cash flow with additional income growth potential. Year 1 underwriting projects NOI increasing to $78,755, resulting in an 8.08% Year 1 cap rate. Existing rents range from $925 to $1,480 per month, providing an opportunity to continue growing revenue as leases roll.

Price: $975,000
Price/Unit: $108,333
Price Per SF: $144.44
Current Cap Rate: 7.52%