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Price
|
$1,598,800
|
Taxes:
|
$6,311.92
|
Tax Type:
|
Annual
|
Assessment:
|
$313000
|
Assessment Year:
|
2023
|
Occupancy by:
|
Own+Ten
|
Address:
|
169 Madison Ave South , Kitchener, N2G 3M7, Ontario
|
Postal Code:
|
N2G 3M7
|
Province/State:
|
Ontario
|
Legal Description:
|
PT LT 6 PL 368 KITCHENER AS IN 833510; K
|
Lot Size:
|
55.2
x
113.75
(Feet)
|
Directions/Cross Streets:
|
Courtland Ave E And Madison Av
|
Zoning:
|
R3
|
Category:
|
Store With Apt/Office
|
Building Percentage:
|
Y
|
Total Area:
|
4,000
|
Total Area Code:
|
Sq Ft
|
Office/Appartment Area:
|
300
|
Office/Appartment Area Code:
|
Sq Ft
|
Retail Area:
|
960
|
Retail Area Code:
|
Sq Ft
|
Area Influences:
|
Major Highway
Rec Centre
|
Approximatly Age:
|
100+
|
Business/Building Name:
|
J&P Filipino Grocery Store
|
Financial Statement:
|
Y
|
Chattels:
|
Y
|
Franchise:
|
N
|
Days Open:
|
7
|
Employees #:
|
3
|
LLBO:
|
N
|
Insurance Expense:
|
$2700
|
Maintenance:
|
1,500
|
Heat Expenses:
|
$8000
|
Hydro Expense:
|
$11000
|
Water Expense:
|
$8000
|
Other Expenses:
|
$2000
|
Gross Income/Sales:
|
$500000
|
Operating Expenses:
|
$160000
|
Net Income Before Debt:
|
$300000
|
Year Expenses:
|
2023
|
Expenses Actual/Estimated:
|
$Act
|
Outside Storage:
|
Y
|
Heat Type:
|
Gas Forced Air Closd
|
Central Air Conditioning:
|
Y
|
Sewers:
|
None
|
Water:
|
Municipal
|
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.
|
IQI GLOBAL REAL ESTATE
|
Jump To:
At a Glance:
Type:
|
Com - Store W/Apt/Office
|
Area:
|
Waterloo
|
Municipality:
|
Kitchener
|
Neighbourhood:
|
|
Style:
|
|
Lot Size:
|
55.20 x 113.75(Feet)
|
Approximate Age:
|
100+
|
Tax:
|
$6,311.92
|
Maintenance Fee:
|
$1,500
|
Beds:
|
|
Baths:
|
|
Garage:
|
0
|
Fireplace:
|
|
Air Conditioning:
|
|
Pool:
|
|
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