170–180 Northumberland Street consists of two four-storey, purpose-built apartment buildings constructed in 2020, comprising a total of 62 suites across approximately 52,000 SF. The portfolio features a mix of one- and two-bedroom units with in-suite laundry, modern finishes, and on-site surface parking. The offering includes an assumable CMHC-insured first mortgage with CMLS Financial of approximately $19.5 million at a 2.85% interest rate, representing up to 85% loan-to-purchase. (id:2493)
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