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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,950,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Investment Opportunity in the heart of Waterdown. 9 units total, 5 commercial tenants and 4 residential tenants. 22 parking spaces including 3 garage units. Very well maintained building with several recent upgrades. All sizes provided by 3rd party measurement (iGuide). Flexible closing date. See virtual tour for further details. Each apartment has a full kitchen, shower, toilet and sink. There is a common laundry room on the second floor. The main floor retail has two common washrooms, the lower level retail (currently vacant) has its own toilet and sink. Heritage Designated property. (id:39198)
Location
Province
Ontario
City
Waterdown
Address
22 Mill Street S
Postal Code
L0R2H0
Location Highlights
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Listed by
Keller Williams Edge Realty Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
7,585
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$1,950,000
Asking Price
$1,950,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
7,585
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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