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Marketing Your Property
HomeForumsMarketing Your PropertySault Ste. Marie Multi-Family Cap Rates
Sean Tait's profile image
Sean Tait's profile image
Sean Tait
  • Real Estate Broker
  • from Hamilton & Toronto, Ontario
  • Member since Dec 5, 2016
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Sean Tait's profile image
Sean Tait's profile image
Sean Tait
  • Real Estate Broker
  • from Hamilton & Toronto, Ontario
  • Member since Dec 5, 2016
Connect
Sean Tait
  • Real Estate Broker
  • Hamilton & Toronto, Ontario
5
Votes |
9
Posts
Marketing Your Property

Sault Ste. Marie Multi-Family Cap Rates

Sean Tait
  • Real Estate Broker
  • Hamilton & Toronto, Ontario
Posted Oct 3 2017, 11:06

Hi All,

I'm trying to underwrite a rental townhouse complex (50+ units) in Sault Ste. Marie. Ontario

This market is not exactly data rich though... does anyone have any experience in that market and know what the current comps look like from a cap rate & price per unit perspective? Any recent sales I could be pointed towards as comparables?

Thanks a bunch! 

Sean

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