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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$369,900
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
INVESTORS WANTED!! Welcome to 523 Boundary Rd E. Pembroke, Ontario. This Legally zoned TRIPLEX, units consist of, 2 - one bedroom second level units and 1 - two bedroom main level unit. ALL units are tenanted and have been for some time. This property has been very well maintained. Features a DEEP mature lot, with no rear neighbors. The two bedroom unit is filled with natural light, features and open concept like floor plan with kitchen island and access/use of the entire back yard and deck, as well as the walk out basement & attached 1 car garage. Main floor shared laundry for all units. The second level features both one bedroom units, the larger unit has a roof top deck as well. Every unit has a 4 piece bathroom in them. Great opportunity to either start YOUR rental portfolio and/or add to YOUR existing one. Please provide at very minimum 24hrs notice for showings, 24hrs irrevocable on ALL written offers. No VTVB available. (id:39198)
Location
Province
Ontario
City
Pembroke
Address
523 Boundary Road E
Postal Code
K8A6L7
Location Highlights
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Listed by
RE/MAX PEMBROKE 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
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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
$369,900
Asking Price
$369,900
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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