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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,052,500
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
4 residential units in a prime downtown location. Close to Western University and on major bus routes to Fanshawe College, ideally positioned for consistent rental demand. Situated in one of Londons most desirable areas, tenants enjoy the convenience of being close to groceries, shopping, nightlife, and other downtown amenities. The property also offers plenty of parking spots, a rare find in this area. Valid City of London Rental License. **** EXTRAS **** Must be purchased with 302 Oxford St. E (MLS: X9509851) (id:39198)
Location
Province
Ontario
City
London
Address
300 Oxford Street E
Postal Code
N6A1V4
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
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
$1,052,500
Asking Price
$1,052,500
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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