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4391 Jackson Street
982 - Beamsville Lincoln L3J 0M8

$1,699,000 /For Sale
Commercial

Main Photo: 4391 Jackson Street in Lincoln: 982 - Beamsville Commercial for sale : MLS®# X13021150
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13021150
Bus Major:
Apts - 6 To 12 Units
A clean 11-unit building selling at aprox. a 7.1% cap rate based on real numbers, not projections. 10x2 Bedroom, 1x3 Bedroom. Tenants pay Hydro. Boiler roughly 7 years old. Turn key with No heavy lifting, no major repositioning needed to enjoy current phenomenal cashflow but if you want to work the asset and force appreciation there is tremendous upside to market rents. Tenant profile is both diverse and stable, comprising working families, skilled trades professionals, retirees, and individuals transitioning from higher-cost urban markets. Solid construction, key systems addressed, clean environmental, and a strong unit mix. Expenses are well-controlled at a 37.1% income to expense ratio, with potential to further optimize expenses. A stabilized, income-producing asset delivering strong in-place cash flow, with defined pathways to further drive value through operational improvements. Tours will be conducted Sunday April 26th from 11am-1pm. This is not an open house attendance must be confirmed
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
13767 sq. ft. Square Feet
Total Area:
13,767 sq. ft.
Lot Depth:
102'
Lot Frontage:
135'
Water supply:
Municipal
Zoning:
RM1
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Parking Spaces:
11
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$25,518 / 2025
Assessment:
$- / -
Niagara
Lincoln
982 - Beamsville
Major Highway, Recreation/Community Centre
2 Washing machines
10 fridges and 10 stoves, 1 hot water tank
Tenants belongings
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Gross income:
$191,424
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$9,464
Hydro Expenses:
$1,609
Insurance Expenses:
$7,822
Tax Expenses:
$25,518
Other Expenses:
$1,020
Water Expenses:
$9,464
Year Expenses:
2025
Business/Building Name:
11 Unit Apartment buiding
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 20, 2026
Original Price:
Previous Price:
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Listed by MYSAK REALTY INC.
Data was last updated April 22, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.