56 South Forster Park Drive

Oakville, L6K 1Y7
FOR SALE
$4,450,000
56 South Forster Park Drive, Oakville
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
56 South Forster Park Drive
Investment
CATEGORY
100
OFFICE/APT AREA
W13002336
MLSID
Contact Us
Property Description
Located within a 5-minute drive from downtown Oakville, this offering includes a freestanding, 15-unit low-rise apartment building. All units are two bedroom units, with two units vacant at the time of sale. The Property benefits from stabilized income, rented laundry facilities, and additional parking revenue. The Property has a projected Year 1 Net Operating Income of $180,877 and is ideal for investors seeking significant upside potential in one of the GTA's most desirable submarkets. Significant upside potential exists through rent adjustments on tenant turnover, making this an excellent option in a supply-constrained market.
Property Details
Address
56 South Forster Park Drive
Postal Code
L6K 1Y7
Property Type
Investment, Investment
Days On Market
16
Use
Apartment
Zoning
RM4 - Residential Medium Density Zone
Lot Size
115' x 148'
Office Area
100
Taxes
$18,483 (2026
Heat Type
Water Radiators
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Colliers
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