rotate

Rotate your device back to portrait Mode!

Apartment Building For Sale at 126 COLLINGWOOD Street in Kingston, Ontario

4 Sale ID #219528
Updated 29 Apr 2024

Asking Price

$1,100,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Welcome to 126 Collingwood. This property could be the foundation to any investment portfolio. Situated on one of the most desirable streets in the downtown core. This legal non-conforming duplex offers: Unit 1 - 3 bedrooms + Den, 2 full bathrooms and a full appliance package including in-suite laundry. Unit 2 - 4 bedrooms, 2 full bathrooms, full appliance package including in-suite laundry. The property offers two parking spaces and is fully leased until the end of April 2025 for a total of $7,120. Updates include but are not limited to: New front porch (2018), new gas boiler (2020), new gas water heater (2020) & some new windows. Call today for financial analysis, full list of updates and to book your private showing. (id:39198)

  • MLS® : #40561161
  • Date Listed : 27 Mar 2024

Location

Province

Ontario

City

Kingston

Address

126 Collingwood Street

Postal Code

K7L3X5

Location Highlights

N/A

Listed by

Sutton Group-Masters Realty Inc Brokerage Ontario listing

Category

apartment-buildings

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,508

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,100,000

Asking Price

$1,100,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,508

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors