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$11,555,701
Available - For Sale
Listing ID: X12021707
***Prime Location Concrete Steel Motel with 80 Rooms**2 Decent Living Apartments for Owner/Manager* 83 Seat Restaurant Leased For $50000 + bills Yearly*Very Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment***
Price $11,555,701
Taxes: $42,000
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 5951 Clark Ave , Niagara Falls, L2G 3W3, Ontario
Postal Code: L2G 3W3
Province/State: Ontario
Legal Description: Lt 12 Pl 266 Village Of Niagara Falls; L
Lot Size: 169 x 184 (Feet)
Directions/Cross Streets: Ferry Street/Stanley Avenue
Zoning: Accommodation Ho
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: Y
Total Area: 31,096
Total Area Code:  Sq Ft
Office/Appartment Area: 1188
Office/Appartment Area Code: Sq Ft
Industrial Area: 0
Office/Appartment Area Code: %
Retail Area: 0
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Business/Building Name: Empress Inn
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 24
Employees #: 3
Seats: 83
LLBO: N
 Management Expense: 100000
Maintenance: 10,000
 Heat Expenses: $12000
 Hydro Expense:  $24000
Water Expense: $15000
Other Expenses: $140000
Gross Income/Sales: $1600000
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Truck Level Shipping Doors #: 0
Heat Type: Baseboard
Central Air Conditioning: Y
Water: Municipal
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Interest Rate: %  
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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

5951 Clark Ave , Niagara Falls, L2G 3W3, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 214 - Clifton Hill
Style:
Lot Size: 169.00 x 184.00(Feet)
Approximate Age:
Tax: $42,000
Maintenance Fee: $10,000
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Garage: 0
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