56 South Forster Park Drive
About this property
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.
Features & finishes
Property details
| MLS® Number | W13002336 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 17,424 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Oakville |
| Postal Code | L6K 1Y7 |
| Province | ON |
| Listed Date | April 15, 2026 |
| Days on Market | 113 |
| Price per Sq Ft | $255 |
| Brokerage | COLLIERS |
Location
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