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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$569,900
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
One of Burlington's most prestigious Business Centres! Beautiful natural light with high loft style 12' ceilings. 1 owned parking spot plus ample free surface and elevated parking garage parking for clients. High-end and efficient V-tech Heating And Cooling Systems and lighting. Easy highway access to 407/QEW via Appleby Line and Burloak Drive. Fully built-out w/3 offices/clinic rooms, storage room, bathroom & kitchenette open to lounge/waiting area. Medical office and Professional office building. Currently operates as a medical spa. 3 storey covered parking garage, Elevator and Accessible washroom conveniently close to unit. Energy efficient lighting and v-tech HVAC units. Please don't speak with staff or interfere with ongoing business. (id:39198)
Location
Province
Ontario
City
Burlington
Address
#201 -5045 Mainway Blvd
Postal Code
L7L5Z1
Location Highlights
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Listed by
RE/MAX ESCARPMENT REALTY INC. 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
889
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
$569,900
Asking Price
$569,900
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.
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
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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)
889
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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