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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$575,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Nestled in a sought-after prime neighbourhood, this legal duplex presents an ideal opportunity as both an income booster and an investment gem! Recently renovated from top to bottom, this home exudes charm and potential. With an unfinished basement and a sprawling 130 lot, there's even more income waiting to be unlocked. Sit back, relax, and watch the rent roll in while enjoying the convenience of being mere steps away from shopping hubs, golf courses, tantalizing eateries, serene nature trails, and the tranquil river. (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
12 Inglewood Road
Postal Code
L2P2C4
Location Highlights
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Listed by
Keller Williams Signature Realty, Brokerage Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,098
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$575,000
Asking Price
$575,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,098
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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