Mix-Use Multi Unit Property; Niagara; Tenanted; 4 apartments + 2 commercial + potential to add more; Net income $84789 Cap 6.5 %; Potential to increase to 9.2% - Ca-type-apartment-buildings

7 Aug 2024


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</style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>427921</td>
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<tr><th class='dispLabel'>status</th><td class='dispData'>Active</td>
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<tr><th class='dispLabel'>Subject Line</th><td class='dispData'>Mix-Use Multi Unit Property; Niagara; Tenanted; 4 apartments + 2 commercial + potential to add more; Net income $84789 Cap 6.5 %; Potential to increase to 9.2%</td>
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<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'>Niagara Region</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td>
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<tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td>
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<tr><th class='dispLabel'>Business category</th><td class='dispData'>Shopping Centres/Strip Plazas/Retail<br>Commercial Buildings/Hotels/Motels<br>Apartment buildings/multi unit/condo townhouse projects/investments<br>Net Leased Investment</td>
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<tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>August 7 2024</td>
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<tr><th class='dispLabel'>Type Description</th><td class='dispData'>Mix-Use Multi Unit Property</td>
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<tr><th class='dispLabel'>Price</th><td class='dispData'>$1,299,900.00</td>
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<tr><th class='dispLabel'>Building area</th><td class='dispData'>8000</td>
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<tr><th class='dispLabel'>Zoning</th><td class='dispData'>Commercial CC2</td>
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<tr><th class='dispLabel'>Comments</th><td class='dispData'>Mix-Use Multi Unit Property in Niagara; Tenanted, ensuring immediate returns.
<br> across from a new development of Linamar's Giga Casting Factory, the project is expected to generate approximately 200 new jobs, contributing significantly to the local economy.
<br> Solid brick building
<br> 4 apartments + 2 commercial + opportunity to add more.
<br>Current Net income $84,789 Cap 6.5 %
<br>Potential to increase to 9.2%
<br>Asking 1.299 Mil</td>
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<tr><th class='dispLabel'>Internet Links</th><td class='dispData'></td>
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<tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>11769</td>
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<tr><th class='dispLabel'>Control</th><td class='dispData'>Exclusive</td>
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<tr><th class='dispLabel'>Name</th><td class='dispData'>Robby Pruthi</td>
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<tr><th class='dispLabel'>Title</th><td class='dispData'>Broker of Record</td>
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<tr><th class='dispLabel'>Company Name</th><td class='dispData'>Cosmopolitan Realty</td>
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<tr><th class='dispLabel'>Address Line One</th><td class='dispData'>6746 Morrison St, Unit 1A</td>
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<tr><th class='dispLabel'>City</th><td class='dispData'>Niagara Falls</td>
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<tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td>
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<tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>L2E 6Z8</td>
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<tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td>
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<tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(289)296-1216</td>
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<tr><th class='dispLabel'>Cell Number</th><td class='dispData'>416-819-0009</td>
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<tr><th class='dispLabel'>FAX Number</th><td class='dispData'>289-296-2616</td>
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<tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=11769&msgnum=427921'>Send Email</a></td>
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<tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='https://www.robbypruthi.com/' target='_blank'>Home&nbsp;Page</a></td>
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