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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Introducing a remarkable four-unit, all-brick residential building in the heart of Azilda's prime location. This property stands out with its abundance of parking space and an expansive yard, setting the stage for a blend of convenience and comfort for its residents. Upgraded in 2019, the roofing shingles enhance the building's durability and aesthetic appeal. Each of the four units features large, spacious 2-bedroom apartments, designed with comfort and practicality. A shared laundry facility adds to the convenience, ensuring all residents enjoy modern living amenities. Furthermore, the property is equipped with separate hydro meters for each unit, allowing for easy utility management and billing. Don't miss out on this unique chance to own a meticulously maintained property in a sought-after location. Ideal for investors seeking to expand their portfolio with a low-maintenance, high-return asset.Introducing a remarkable four-unit, all-brick residential building in the heart of Azilda's prime location. This property stands out with its abundance of parking space and an expansive yard, setting the stage for a blend of convenience and comfort for its residents. Upgraded in 2019, the roofing shingles enhance the building's durability and aesthetic appeal. Each of the four units features large, spacious 2-bedroom apartments, designed with comfort and practicality. A shared laundry facility adds to the convenience, ensuring all residents enjoy modern living amenities. Furthermore, the property is equipped with separate hydro meters for each unit, allowing for easy utility management and billing. Don't miss out on this unique chance to own a meticulously maintained property in a sought-after location. Ideal for investors seeking to expand their portfolio with a low-maintenance, high-return asset. (id:39198)
Location
Province
Ontario
City
Azilda
Address
298 Notre Dame
Postal Code
P0M1B0
Location Highlights
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Listed by
REVEL REALTY INC., BROKERAGE 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
$599,900
Asking Price
$599,900
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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