Message Number392051
statusActive
Subject LineNorth Bay (3 hours from Toronto) Multi Residential Property $1,117,000 Cap Rate is 8% Fully Renovated 8 Tenants all paid this months rent and in good standing
Business area
Canada
Ontario
Northern Ontario
Sudbury
Barrie
Kawartha Lakes
Muskoka
North Bay
Barrie Orillia
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Industrial Buildings For Sale
Business Opportunities
Date of ListingSeptember 8 2020
Type DescriptionMulti Residential
LocationNorth Bay
Price$1,117,000.00
Price CommentCASH
Cap Rate8.00%
CommentsA fantastic opportunity for an Investor. A multi residential brick building all units are fully renovated (8 units) with 1 Commercial retails store (long lease)
in the west end of North Bay
This centrally located building is accessible by City transit and close to schools, the hospital, college, university, restaurants and shopping. The units have had many upgrades with a great rental track record.
2 new boilers / 2 hot water tanks new (owned) / all windows replaced / all renovated units -- new kitchens / new appliances / bathrooms (showers/toilets/vanities) / flooring / trim / updated electrical (brought up to code) / updated plumbing with proper shut offs etc. / new hallways with new stair threads / new main entrance doors. The adjacent parking lot 15 cars.
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All about North Bay Area

Member Identifier10947
Client Details-- NONE --
Client Situation-- NONE --
Clients Objective-- NONE --
Motivation Rating-- NONE --
Client WillTake Back Mortgage
Client WantsCash
Explain Client's Motivationwould like to sell asap
Broker's Recommendation4168783607
Time Factors, Drop Dead Datesasap
ControlRegular Client
NameRekha Dhiman
TitleSales Representative
Company NameFirst Optimum Realty Inc., Brokerage
Address Line One397 Eglinton Ave E Suite 202,
CityToronto,
State/ProvinceOntario
Zip/Postal CodeM4P 1M6
CountryCanada
Business Phone Number(416)878-3607
Cell Number4168783607
Email AddressSend Email
Home PageHome Page

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