3131 Line 8

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 3131 Line 8, Bradford West Gwillimbury, Ontario, CA
Created date: May 23, 2024
Date last updated: May 23, 2024
  • Next generation, Class "A" retirement residence
  • Outstanding market fundamentals & proximity to major GTA markets
  • Limited competition & high barrier to entry
  • Strong cash flows with diversified income streams
  • Investor flight to quality
  • Flexibility in unit mix

Property Description

Newmark is pleased to present for sale, The Elden of Bradford, a new 160-bed retirement residence designed for the next generation of seniors. This state-of-the-art residence sits on 1.92 acres and provides its residents with a picturesque rural lifestyle environment. The Elden offers investors strong cash flows and a diversified income stream through its offering of independent supportive living, assisted living, and alternate level of care beds. Stabilized NOI for the property is estimated to be $4.5M at 94% occupancy. As one of only two retirement residences within the community, The Elden of Bradford benefits from limited competition and excellent market positioning.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 160
Year Built: 2019
Lot Size: 1.92 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 3131 Line 8, Bradford West Gwillimbury, ON L3Z 4H2, Canada
Provided by:

Similar Properties in the Area

84 Rowe St

oshawa , Ontario
Canada + Apartment Buildings

254 Parkway Ave

Keswick , Ontario
Canada + Apartment Buildings
Price: $874,900

177 Weber Street E

Kitchener , Ontario
Canada + Apartment Buildings
Price: $699,900

Brokers

View All
popup background image