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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$550,000
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
Welcome to 129 Parkdale Ave. S.! This legal duplex four level back split semi-detached home is a fantastic opportunity for multi generational living, investment, or live-and-rent options. Each self- contained unit boasts its own entrance and unique flair. The main level features 3 bedrooms, a full bath, and laundry, with an open-concept kitchen/living area highlighted by an elegant black island and breakfast bar. The kitchen is equipped with rare drawer-in-drawers, stainless steel appliances, and a stunning honeycomb backsplash. The lower level mirrors this quality, offering 3 bedrooms, a large bath, and laundry, perfect for extended family or rental income. Features high ceilings, ample light, and modern features throughout. Conveniently located near schools and highways, with a generous backyard to enjoy. Don't miss out on this versatile and beautifully updated property! (id:39198)
Location
Province
Ontario
City
Hamilton
Address
129 Parkdale Avenue S
Postal Code
L8K6K4
Location Highlights
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Listed by
RE/MAX Real Estate Centre Inc. 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
1,081
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
$550,000
Asking Price
$550,000
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)
1,081
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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