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Suite of tools & services
Benefits
Asking Price
$899,900
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 TAKE NOTICE! +$76K GOI/+$61K NOI. Perfectly located in the thriving neighbourhood of Beechwood Village on a CORNER LOT boasting R4 COMMERCIAL ZONING and high visibility. The property comprises three units - a fully renovated 3-bedroom townhome, a commercial unit currently leased as a popular take-out restaurant & quaint cafe and a 2-bedroom apartment. Steps away from all the amenities that one could ever want and in a coveted neighborhood undergoing incredible gentrification, acquiring this property ensures future appreciation. GOI of over $76K. Lots of structural and mechanical work done + SO MANY OPTIONS FOR THE FUTURE! (id:39198)
Location
Province
Ontario
City
Ottawa
Address
60-62 Barrette Street
Postal Code
K1L8A5
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
2,526
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
$899,900
Asking Price
$899,900
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)
2,526
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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