468-470 Besserer Street
Lower Town - Sandy Hill, ON
- 7 bath
- 6,300 sqft
- Investment
- 357 days on market
Exceptional 7-Unit Investment Opportunity!This one-of a kind 7-unit building is the most beautiful of its kind, blending timeless heritage character with modern luxury. Each spacious unit has been taken back to the studs and fully renovated, ensuring long-term durability and premium finishes.Highlights include:Heritage features preserved with exposed brick accent walls, Fully updated kitchens with contemporary finishes, In-suite laundry and dishwashers in every unit, Quality craftsmanship throughout! No detail was overlooked, and no expense spared! Currently two of 7 units are vacant. This building is generating a strong Net Operating Income of $191,635.68 and a true 5CAP. The property also features 6 dedicated parking spots, offering convenience for tenants or additional rental income potential.This rare turnkey asset offers investors peace of mind with high-quality renovations, strong cash flow, and heritage charm that sets it apart in the market. Truly a must-see property! NOTE: The buildings are severed making financing easier.
Listing Details
- Taxes (2025)
- $19,087
- Listed
- September 8, 2025
Price History
Parking
- Garage
- None
Location & Legal
- Cross Street
- Besserer And Coburg
- Zoning
- R4UD
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All Appliances, Fixtures, Common Area Decorations
- Exclusions
- All tenant belongings
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $478,000
- Homes sold
- 223
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 223 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 6,300 sq ft
- Price per sq ft
- $476.19
- Annual property tax
- $19,087
- Tax per sq ft
- $3.03
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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