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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,199,900
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
A rare find and offers a one-of-a-kind investment opportunity in West End Halifax. This 6 bedroom 4 full bath Home, great for extended family living. The property sits on 9900 Sq Ft of Prime Real Estate with a full panoramic view of the Bedford Basin The property is zoned HRI which allows for commercial use. The unique outdoor space provides an unbelievable vibe and views. Escape after a long day's work, a place to enjoy the view of sailboats and sunsets, a unique blend of privacy in the Heart of Halifax! Both having 3 bedrooms and 2 full bathrooms. The detached garage is a great addition allows parking for 10 vehicles! So many renovations to mention from the new kitchen and completely renovated bathroom on upper level, brand new roof,12 new windows, all 6 new appliances, Webber BBQ, refurbished 100 yr old hardwood floors in one unit the other all new laminate, new heat pumps in each unit, just to mention a few. Enjoy cozy infloor heat on lower level and also the low cost and efficient water hydronic baseboard heating on the main level This duplex is perfect for a multi-generational family or a savvy investor seeking a prime rental property in the up and Coming Windsor Street Exchange Redevelopment Area. ER zoning allows for up to 8 units per lot this is a double lot so allowing 16 units. Power Lower Unit $40mth/Natural Gas $55mth. Upper Unit Power $125mth/Natural Gas $90/mth. Engineered Plans and Drawings are available for 2 x 2 storey units and 3 bedroom 2 bath unit (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
3569 Windsor Street
Postal Code
B3K5G7
Location Highlights
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Listed by
RE/MAX Nova Nova Scotia 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
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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
$1,199,900
Asking Price
$1,199,900
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)
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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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