Skip to main content Skip to footer
  • For Sale
Mixed use investment property - #1
Mixed use investment property - #2
Mixed use investment property - #3
Mixed use investment property - #4
Mixed use investment property - #5
Mixed use investment property - #6

For Sale

$1,750,000 CAD

Colliers International is pleased to present the sale offering of a strategically located mixed-use investment property tenanted by the well-known Brass Bell Pub and six residential tenants (Six (6) one-bedroom apartments). The current cap rate is +/- 4.83% based on actual net operating income with upside in existing residential rental rates.

The subject property is improved with a detached two storey mixed-use commercial/residential building built in approximately 1971. The two storey building is comprised of a pub on the upper level and three residential units on the lower level and an additional three residential units at the rear of the property. The building is wood frame with some concrete block sections and a brand new asphalt shingle roof completed by the owner in 2022. Heating is by way of electric HVAC plus supplemental baseboards and gas fireplaces. The main electrical service is 400 amp.
Area Size
Main Floor 4,224 SF
Upper Floor 4,176 SF
Total Area 8,400 SF