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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
Brand New Triplex located in the heart of prestigious Westboro! Completed in 2023, this stunning property consists of three - 2 bedroom / 2 bathroom units. Each unit features open-concept living / dining area, custom kitchen with Quartz counters and backsplash, stainless steel appliances, laundry, master ensuite and custom shower. Lower unit boasts walk-out patio and huge storage room. Top unit features massive private rooftop terrace overlooking Westboro. All units are separately metered and have their own HVAC systems. Legal parking in rear of building. Steps away from Westboro Village filled with shops and restaurants. This building is a MUST SEE! (id:39198)
Location
Province
Ontario
City
Ottawa
Address
683 Melbourne Avenue
Postal Code
K2A1X4
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY GROUP 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
$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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