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$6,999,701
Available - For Sale
Listing ID: X12008925
***Prime location Property In The Heart Of Niagara Falls Tourist Area* Walking distance to Falls*Casino*Tourist Fun area*Property covered with stucco & 50 Renovated Rooms in fall 2024 *Living Apartments for Owner/Manager*Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills Fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment***
Price $6,999,701
Taxes: $52,000
Tax Type: Annual
Occupancy by: Tenant
Address: 5958 Fallsview Boul , Niagara Falls, L2G 3V5, Niagara
Postal Code: L2G 3V5
Province/State: Niagara
Legal Description: Plan173Ptlots91113And15Np266Rp59R4212Par
Lot Size: 150 x 171 (Feet)
Directions/Cross Streets: Ferry Street/Fallsview Blvd
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: F
Total Area: 0
Total Area Code:  Square Feet
Office/Appartment Area: 10
Office/Appartment Area Code: %
Industrial Area: 0
Office/Appartment Area Code: %
Retail Area: 0
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Business/Building Name: FAIRVIEW INN
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 24
Employees #: 3
Seats: 0
LLBO: N
Taxes Expense: $52000
Insurance Expense: $7716
 Management Expense: 100000
Maintenance: 0
 Heat Expenses: $17000
 Hydro Expense:  $16000
Water Expense: $9000
Other Expenses: $24000
Gross Income/Sales: $1000000
Operating Expenses: $31000
Vacancy Allowance: 0
Net Income Before Debt: $700000
Estim Inventory Values At Cost : 100000
Common Area Upcharge: 0
Percentage Rent: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Yes
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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 $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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.
RIGHT AT HOME REALTY

5958 Fallsview Boul , Niagara Falls, L2G 3V5, Niagara


 
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At a Glance:
Type: Com - Sale Of Business
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 214 - Clifton Hill
Style:
Lot Size: 150.00 x 171.00(Feet)
Approximate Age:
Tax: $52,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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