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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,149,000
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
Investment opportunity in Wellington Village. This double is currently rented with month to month tenants. Perfect opportunity to live and half while enjoying an investment component of the other. R4 Zoning for future development. Steps away from prime amenities in Wellington West and Parkdale Market, as well as Elmdale Tennis Club, Fisher Park, and so much more. Easy access to the highway, and transit. Here is your opportunity to own a double in a fantastic location. Turnkey opportunity ideal for investors or owner occupants. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
148-150 Hinton Avenue N
Postal Code
K1Y1A1
Location Highlights
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Listed by
ROYAL LEPAGE TEAM REALTY 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
0
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
$1,149,000
Asking Price
$1,149,000
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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