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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,900
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
Smart Investment in the Heart of Uxbridge! This prime property offers 11 residential apartments - three 1-bedroom + den and eight 1-bedroom units; plus a versatile main-floor commercial space. Located steps from GO Transit, shops, and restaurants, it's ideally positioned for high tenant demand. Recent updates include five fully renovated units and freshly painted apartments, create appealing, modern spaces. Coin-operated laundry adds convenience and extra income. With reliable long-term tenants, this property is a solid income generator in a sought-after location. Take advantage of this opportunity to invest in this thriving community! **** EXTRAS **** Coin-operated washers x2 & coin-operated dryers x2 (owned), hot water tanks (two rented (2022), one owned), Boiler (2017), some new appliances (id:39198)
Location
Province
Ontario
City
Uxbridge
Address
35 Toronto Street N
Postal Code
L9P1H1
Location Highlights
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Listed by
RE/MAX HALLMARK FIRST GROUP REALTY 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
$1,999,900
Asking Price
$1,999,900
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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