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Maria Tompson
Sales Representative
Remax Example Inc., Brokerage
Independently owned and operated.
4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968
$1,799,900
Available - For Sale
Listing ID: X10419114
232 ST PATRICK St , Lower Town - Sandy Hill, K1N 5K3, Ontario
| An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7% |
| Price | $1,799,900 |
| Taxes: | $13402.00 |
| Occupancy by: | Tenant |
| Address: | 232 ST PATRICK St , Lower Town - Sandy Hill, K1N 5K3, Ontario |
| Postal Code: | K1N 5K3 |
| Province/State: | Ontario |
| Legal Description: | PART LOT 15, PLAN 42482 AS IN N560302, S |
| Lot Size: | 33.00 x 100.00 (Feet) |
| Directions/Cross Streets: | North on Dalhousie & left on St.Patrick St. Property is on the left. |
| Category: | Apartment |
| Insurance Expense: | $10064 |
| Water Expense: | $3256 |
| Gross Income/Sales: | $93462 |
| Operating Expenses: | $45522 |
| Net Income Before Debt: | $93462 |
| Heat Type: | Water |
| Central Air Conditioning: | Central Air |
| Sewers: | Sewers |
| Water: | Municipal |
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| RE/MAX HALLMARK REALTY GROUP |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Lot Size: | 33.00 x 100.00(Feet) |
| Tax: | $13,402 |
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