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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$644,900
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! Looking to add to your real estate portfolio? Take a look at this duplex! New to the real estate market? Live in one unit and rent out the other to off-set costs and build your equity! This detached two storey duplex offers two self-contained rental units. MAIN = two storey living space with kitchen, living room, family room, 3 x bedrooms, 2 x baths. LOWER - kitchen w/living space, 2 x bedroom, 1 x bath. Appliances, included as shown - 2 x fridge, 2 x stove, 1 x dishwasher, 2 x washer, 2 x dryer. Convenience of ensuite laundry for both units, onsite parking. Financials available upon request. Situated in Barrie with easy access to key amenities - public transit, GO Train service, schools, parks, shopping, services, entertainment and all season recreation. Minutes to commuter routes north to cottage country or south to the GTA. (id:39198)
Location
Province
Ontario
City
Barrie
Address
Corbett
Postal Code
L4M5V6
Location Highlights
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Listed by
RE/MAX HALLMARK CHAY REALTY 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
$644,900
Asking Price
$644,900
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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