SOLD!! Income property in Muskoka, 11 unit main street building, 2 commercial, 9 residential units, NOI $64,292; gross rent $111,450. Stable, Price $1,095K
<html><head><style> BODY { BACKGROUND-COLOR: white; COLOR: #333365; FONT-FAMILY: Verdana, Arial, Helvetica; FONT-SIZE: 9pt; } H2 { COLOR: #cc9900; FONT-SIZE: 12pt; FONT-WEIGHT: normal; } TH { COLOR: darkslategray; BACKGROUND-COLOR: #eeeeee; FONT-SIZE: 9pt; TEXT-ALIGN: center; } TH.dispLabel{ BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: right; } TD.dispData { BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: left; } TD.number { TEXT-ALIGN: right; PADDING-RIGHT: 10px; } </style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>402598</td> </tr> <tr><th class='dispLabel'>status</th><td class='dispData'>Active</td> </tr> <tr><th class='dispLabel'>Subject Line</th><td class='dispData'>SOLD!! Income property in Muskoka, 11 unit main street building, 2 commercial, 9 residential units, NOI $64,292; gross rent $111,450. Stable, Price $1,095K</td> </tr> <tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Greater Toronto area</td></tr><tr></tr><tr><td class='tree2'>Northern Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Muskoka</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td> </tr> <tr><th class='dispLabel'>Location, City</th><td class='dispData'>Gravenhurst</td> </tr> <tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td> </tr> <tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td> </tr> <tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>November 17 2021</td> </tr> <tr><th class='dispLabel'>Type Description</th><td class='dispData'>Multi-Res with 2 Commercial</td> </tr> <tr><th class='dispLabel'>Location</th><td class='dispData'>Muskoka</td> </tr> <tr><th class='dispLabel'>Price</th><td class='dispData'>$1,095,000.00</td> </tr> <tr><th class='dispLabel'>Building area</th><td class='dispData'>3660</td> </tr> <tr><th class='dispLabel'>Site area</th><td class='dispData'>66 x 133 feet</td> </tr> <tr><th class='dispLabel'>Zoning</th><td class='dispData'>C1</td> </tr> <tr><th class='dispLabel'>Gross Income</th><td class='dispData'>111450.</td> </tr> <tr><th class='dispLabel'>Expenses</th><td class='dispData'>47158</td> </tr> <tr><th class='dispLabel'>Net Income</th><td class='dispData'>64292</td> </tr> <tr><th class='dispLabel'>Cap Rate</th><td class='dispData'>6</td> </tr> <tr><th class='dispLabel'>Comments</th><td class='dispData'>SOLD! Excellent Investment Opportunity! 11 unit building in downtown Gravenhurst with 2 commercial units fronting the main street and 9 residential units, 3-2 bedrooms, 1- 1 bedroom, 5 bachelor units, grossing more than $9,000 per month. Stable tenancies. 90 minutes north of Hwy 401, write off your trips to the cottage.</td> </tr> <tr><th class='dispLabel'>Internet Links</th><td class='dispData'></td> </tr> <tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>4912</td> </tr> <tr><th class='dispLabel'>Broker's Recommendation</th><td class='dispData'>SOLD</td> </tr> <tr><th class='dispLabel'>Control</th><td class='dispData'>MLS</td> </tr> <tr><th class='dispLabel'>Name</th><td class='dispData'>Hugh Nichols</td> </tr> <tr><th class='dispLabel'>Title</th><td class='dispData'>Broker, SRS, ABR, ASA. IRES</td> </tr> <tr><th class='dispLabel'>Company Name</th><td class='dispData'>Re/Max Professionals North Brokerage</td> </tr> <tr><th class='dispLabel'>Address Line One</th><td class='dispData'>405 Muskoka Rd.S. Unit B</td> </tr> <tr><th class='dispLabel'>City</th><td class='dispData'>Gravenhurst</td> </tr> <tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td> </tr> <tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>P1P 1J8</td> </tr> <tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td> </tr> <tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(705)394-6655</td> </tr> <tr><th class='dispLabel'>Cell Number</th><td class='dispData'>705-394-6655</td> </tr> <tr><th class='dispLabel'>Home Number</th><td class='dispData'>705-394-6655</td> </tr> <tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=4912&subject=SOLD%21%21+Income+property+in+Muskoka%2C+11+unit+main+street+building%2C+2+commercial%2C+9+residential+units%2C+NOI+%2464%2C292%3B+gross+rent+%24111%2C450.+Stable%2C+Price+%241%2C095K'>Send Email</a></td> </tr> <tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='http://www.muskokanic.com' target='_blank'>Home Page</a></td> </tr> </table><p><a href="https://www.worldrealestatenetwork.com">World Real Estate Network</a></p> <p>Provided By The ICIWorld Global Association of Real Estate Brokers and Salespeople Founded 1994.</p> <p>Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8 </p> <p>Canada 416-777-2633. USA 954-317-2327 </p> </body></html>
ca-type-apartment-buildings@iciworld.global
-
realestate＠wreils.com