Investor alert! Selling well below assessed value. A 3 1/2 storey wood-frame walk-up apartment complex with balconies on all suites above grade. Cedar exterior and gable roof with newer shingles. Good sized office with 2 piece bathroom and security system. Paved surface parking. Handicap accessible lower floor. Power is individually metered and paid by tenants. Landlord pays for gas, common area power, waste, water and sewer. Excellent mechanicals with two boilers, 2 hot water tanks and 2 MUA units. Recent staining of cedar exterior, renovation of suites on turnover, energy efficient lighting in common areas. Be ready for notable expected rent increases in the next few years to catch up to other major Canadian cities. Part of a 4 building 82 unit portfolio sale.