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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$745,000
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
Welcome to this CUSTOM BUILT semi-detached raised bungalow in Barrie! A LEGAL DUPLEX offering comfort, convenience, and incredible income potential! The upper level features 3 bedrooms and 1 spacious 4 pc bathroom, with a bright open-concept dining and living room that opens to a front deck. Two bedrooms walk out to a large back deck overlooking the fully fenced yard. The modern kitchen boasts granite countertops, stainless steel appliances, hardwood floors, and a cozy gas fireplace, making it a warm and inviting space for family and friends. The lower level is a bright and spacious registered suite with its own ground-level entrance and walkout to the backyard making this space fully accessible! This unit includes a large bedroom, full bathroom, eat-in kitchen, and a comfortable living room with fireplace. Perfect for extended family or a strong source of rental income to help offset your mortgage. Additional features include an attached garage with parking for one vehicle, plus a driveway with space for four more cars. Set in a great mature neighborhood, this home is ideally located close to Shopping, Centennial Beach, downtown Barrie, public transit, schools, and quick highway access. With the flexibility to live in one unit and rent the other, or rent both as a solid investment, this property truly checks all the boxes. Book your private showing today! (id:39198)
Location
Province
Ontario
City
Barrie
Address
Maple
Postal Code
L4N1S5
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
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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
$745,000
Asking Price
$745,000
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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