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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
ATTENTION FIRST TIME HOME BUYERS & INVESTORS!! Welcome to 17 Prestwick Avenue located on a quiet dead-end street backing onto a golf course. The Upper level has 3 bedrooms and a spacious living room with tons of natural light from the large window. With it's own laundry and an eat-in kitchen great for family dinners and game nights! Main Unit upgrades include; New floors, paint, trim, appliances and bathroom vanity. The lower unit has 2 bedrooms and a spacious kitchen. Lower unit upgrades include; New floor, plain, trim, doors and appliances. With a fully fenced yard backing onto a golf course, you can enjoy quiet tranquil evenings and a driveway that easily fits 3 cars. This location is close to schools, parks, all the amenities you'll need with easy access to the 406 and QEW. (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
17 Prestwick Avenue
Postal Code
L2P2E5
Location Highlights
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Listed by
REAL BROKER ONTARIO LTD. 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
1,144
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
$699,000
Asking Price
$699,000
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)
1,144
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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