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$1,549,000
Available - For Sale
Listing ID: W8046930
High cash Flow investment opportunity in Clarkson Village ** Fully leased three (3) Unit Property with high traffic & Direct Street exposure. One restaurant & two apartments strong and constant cash flow. the main floor is a professionally built and successfully running restaurant of famous Clarkson Fish and Chip with full basement. 2 Dedicated Parking nd ample Plaza Parking. On the second floor there are two recently renovated apartments. The first apartment is a 2 bedroom, 1 washroom, balcony and 1 parking. The second apartment comes with 2 bedrooms+ Den , 1 washrooms, balcony and 1 parking. Both apartments have their private separate entrances. All three tenants are AAA with all the deposits and paperwork in order. Gross income approx $88,000/ year with annual acceleration.
Extras:   2 fridge, 2 stoves, Gross income approx $88,000/ year with annual acceleration.
Price $1,549,000
Taxes: $10,722.42
Tax Type: Annual
Occupancy by: Tenant
Address: 1848 Lakeshore Rd West , Mississauga, L5J 1J7, Ontario
Postal Code: L5J 1J7
Province/State: Ontario
Legal Description: PT LT 4 PL 503 TORONTO PTS 8, 17, 32, RD
Lot Size: 18.01 x 188.4 (Feet)
Directions/Cross Streets: Lakeshore & Clarkson
Zoning: C4-63
Category: Store With Apt/Office
Building Percentage: N
Total Area: 2,991
Total Area Code:  Sq Ft
Office/Appartment Area: 1994
Office/Appartment Area Code: Sq Ft
Retail Area: 997
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: N
Insurance Expense: $3000
 Management Expense: 0
Maintenance: 727.2
 Heat Expenses: $0
 Hydro Expense:  $0
Water Expense: $792
Other Expenses: $10122
Gross Income/Sales: $87978
Operating Expenses: $14642
Vacancy Allowance: 0
Net Income Before Debt: $73336
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Sprinklers: Part
Volts: 200
Heat Type: Baseboard
Central Air Conditioning: Part
Sewers: Sanitary
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

1848 Lakeshore Rd West , Mississauga, L5J 1J7, Ontario


 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Peel
Municipality: Mississauga
Neighbourhood: Clarkson
Style:
Lot Size: 18.01 x 188.40(Feet)
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Tax: $10,722.42
Maintenance Fee: $727.2
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