rotate

Rotate your device back to portrait Mode!

Apartment Building For Sale at 1332 WYANDOTTE STREET East in Windsor, Ontario

4 Sale ID #206558
Updated 06 May 2024

Asking Price

$1,495,000

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

7+ Units at a 7.5%Cap! Turnkey, Solid Mixed-use Residential & Commercial Building; Fully Tenanted in Trendy Walkerville. 5 RES,2 COMM+Bonus Storage Unit for Extra Income. Res are a mix of 1,2&3 beds-all beautifully renovated w/newer kitchens, quartz counters, stainless steel appliances, baths, paint & flooring. Spaces are bright & welcoming-a pleasure to show. Massive common patio area for tenants to enjoy the outdoors. Commercial Tenants benefit from high traffic location w/excellent street exposure & curb appeal. Large storefront windows allow for generous natural light. 1 commercial unit is 1700sf & equipped with alley access, garage door, loading area, retail space & 4-piece bath. Updated Roof(1 year); Boiler updated in 2020 by previous owner; 3 dedicated on-site parking spots; 8 hydro meters; Skylights; Newer exterior stairs & railing. This property has it all; a perfect addition to your portfolio. Financial Info avail on request. Pay-Per-Use Laundry for extra income! LTA Applies. (id:39198)

  • MLS® : #24002735
  • Date Listed : 17 Feb 2024

Location

Province

Ontario

City

Windsor

Address

1332 Wyandotte Street East

Postal Code

N9A3K7

Location Highlights

N/A

Listed by

JUMP REALTY INC. 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

0

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

$1,495,000

Asking Price

$1,495,000

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)

0

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