22 Carleton Court

Significant upside in rental income: There is the potential to increase rental income at the property by over 50%. Current rents are well below market and suites will only require light renovation on turnover. On closing, new ownership will have the opportunity to lease out the two vacant suites, and there is potential to convert the main floor multi-use room into an additional bachelor suite.

Leading rental building in a limited inventory market: The property is diligently managed making it a leading rental property within a tightly held and low-vacancy submarket. The building benefits from sustained tenant demand, combined with the scarcity of comparable rental offerings, allows for consistent rent growth over time.

Predictable future maintenance costs: The building has been well maintained and upgraded throughout its life, allowing new ownership to benefit from predictable future maintenance. All building systems are in good working order, and a building condition assessment has been completed to verify this.

Close proximity to desirable amenities: Located in the core of Dorchester, the property boasts a strategic location within walking distance to Foodland, The Flight Exec Centre, Shoppers Drug Mart, Tim Hortons, The Mill Pond Eco Trail, and an elementary and high school.