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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,199,900
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
BRAND NEW TRIPLEX in the heart of Westboro. 2 of the 3 units are rented (2 bed at $3000 per month and 2bed and 4 bed at 3600 a month). 2 bed is still available and fully furnished for short term/ long term rental or to live in. All units have separate hydro meters, in-unit laundry, SS appliances and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. The 3 units comprise of a 2 bed/2 bath , a 2 bed/ 3 bath with den and a 4 bed/ 3 bath with den. Units are currently vacant, however, are up for rent. Projected income when fully rented is approx $9450/ month ($113,400 /year) Fantastic Westboro location close to Shops, restaurants, Tunney's Pasture, Westboro Beach, Ottawa River paths, Dovercourt Rec Centre & easy 417 Access, 10 minutes from Downtown Ottawa. 1 parking spot still available for rent. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
271 Duncairn Avenue
Postal Code
K1Z7H1
Location Highlights
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Listed by
EXP 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
$2,199,900
Asking Price
$2,199,900
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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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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