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Retail Property For Sale at #7 -96 NELSON ST in Oakville, Ontario

New
4 Sale ID #226752
Updated 01 May 2024

Asking Price

$1,729,900

Cap Rate help 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 the epitome of urban living in the heart of Bronte Village! This stunning live/work executive townhouse offers the perfect fusion of contemporary design and functionality. Step into the residential unit and be greeted by a spacious open-concept kitchen and dining area, ideal for entertaining guest or enjoying family dinner. The third floor boasts a luxurious master bedroom complete with a full ensuite, a second bedroom, and a den, providing ample space for relaxation and productivity. But thats not all- the commercial unit, conveniently located on Lakeshore Rd, presents endless possibilities. With retail space and two offices, plus a finished basement perfect for a yoga or photo studio, classroom, or any entrepreneural venture you envision. High ceilings, measuring 10"" on the main breathtaking views of Bronte Village, making it the ultimate spot for evening gatherings. **** EXTRAS **** Nestled just steps away from tranquil shores of Lake Ontario, picturesque parks, vibrant shops and delectable restaurants, this property is a true gem in one of Oakvilles most sought-after locations. (id:39198)

  • MLS® : #W8238450
  • Date Listed : 16 Apr 2024

Location

Province

Ontario

City

Oakville

Address

#7 -96 Nelson St

Postal Code

L6L3H8

Location Highlights

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Listed by

EXP REALTY Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

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

2,200

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,729,900

Asking Price

$1,729,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,200

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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