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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
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
Fully renovated top to bottom 3 Bedrooms up and 3 Bedrooms down. Single Family home with legal basement apartment and fully duplexed! Located close to the 401, shopping and schools this home is perfect for the first time buyer who can utilize the basement rental income or ideal for an investor looking for a cashflow producing property. The upper level features open concept kitchen/dining and living room with in-suite laundry and three bedrooms and one bath. The lower level features three bedrooms, one bath, in-suite laundry and open concept kitchen/living room. The home is very bright with lots of light coming in from the windows upstairs and newly added windows in the lower level. The yard backs onto a trail which is perfect for evening walks with direct access through the back gate. There is a very large driveway which can accommodate four vehicles!! The shed in the backyard is great for storage. This is a must see!! (id:39198)
Location
Province
Ontario
City
Kitchener
Address
182 Selkirk Drive
Postal Code
N2E1M7
Location Highlights
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Listed by
THE REALTY DEN 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
1,724
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
$899,900
Asking Price
$899,900
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.
N/A
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)
1,724
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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