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$2,198,000
Available - For Sale
Listing ID: X12007991
7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $109,900 $219,800 $329,700 $439,600
First Mortgage $2,088,100 $1,978,200 $1,868,300 $1,758,400
CMHC/GE $57,422.75 $39,564 $32,695.25 $0
Total Financing $2,145,522.75 $2,017,764 $1,900,995.25 $1,758,400
Monthly P&I $9,189.11 $8,641.93 $8,141.82 $7,531.09
Expenses $0 $0 $0 $0
Total Payment $9,189.11 $8,641.93 $8,141.82 $7,531.09
Income Required $344,591.54 $324,072.25 $305,318.07 $282,415.91

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER FIRST OTTAWA REALTY

350 BOOTH St , West Centre Town, K1R 7K4, Ontario


 
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At a Glance:
Type: Com - Office
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
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Lot Size: 53.51 x 74.62(Feet)
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Tax: $1,650
Maintenance Fee: $0
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