Property in Owen Sound, Ontario
Breakdown by postal code areas in Owen Sound:
|N4K|| 28,537|| 12,281|
Other cities in the area: Desboro, Shallow Lake, Holland Centre, Allenford, Wiarton, Williamsford, Bognor, Kemble
|commercial blg in Owen Sound, Ontario Commercial/Residential building in Owen Sound
5 storefronts and 9 apartments on 12,000 sf
Positive cash flow, assume 1st mortgage at 5.9% interest
Located 1 block from main 10th St in Owen Sound, beautiful growing city located by Georgian Bay, only 2 hours NW of Toronto.
Main level has 5 quality commercial tenants: hair saloon, appliances outlet, vacuum cleaning equipment, fashion clothing restaurant with liquer license.
Upper level has 9 modern one bedroom apartments, all units are rented out. Interior has been totally rebuilt late1980`s.
Next to Roxy Theatre, local radio station, Sun Times newspaper, post office, banks, shopping.
Owner is a registered real estate salesperson. Assume 1st mortgage at 5.9% interest rate. 12% cap rate !!!
Click here for financial data.
Property taxes $13,100 for 2006. Asking price $799,000
See www.onGeorgianBay.ca for more info and pictures or call Andrew at 705 543 1341 Email: email@example.com|
Property management experts are not just qualified to administrate the land part of the property responsibilities, but the legal and accounting issues as well. Auditing leases and supervising maintenance sound clear-cut, but all the issues and the timetable and the staff schedules for a large property or a small lot in Owen Sound can be overwhelming or inconvenient. Future subdivision of the property, construction on the land or structure, and selling off of inventory from existing. Maintenance of an Ontario home or apartment, condominium or vacation home requires real construction skills. Ontarian weather just won't forgive anything less. Nailing techniques safeguard construction integrity. Foundations, studs, rafters, and ridge beams, floor joists and other elements make up the basic frame carpentry that protects structural dynamics in the house. Checking these nailing sites and knowing where the quality lies in Ontario home construction can be a key decision making factor in being able to safeguard value in the home.
|Recent ads on site:|
|Owen Sound, Ontario posted Wednesday, February 11, 2015|
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