25 MAIN St E

Norwich | Norwich Town | N0J 1P0
  • 10276.0 sqft
  • 0 gar

$2,000,000

Est. Mtg $6,781 /mo
  • Days on market

    5

  • Status

    A

Listing Broker Re/Max a-b Realty Ltd Brokerage
Since listed: 1 views

Home details

MLS #:

X10744430

Property type:
Sale Of Business
Style:
Taxes:
$13,846
Possession:
Flexible
Condo Fee:
Lot Size:
130.88 X 171.1
Zoning:
I-2
Use:
Heat:

Description


25 MAIN St E, , Norwich, Ontario is a Sale Of Business property in Norwich and in the Norwich Town community in the N0J 1P0 postal code


Looking for an investment with a return with a 7.5% cap rate? This property is operated as a retirement home with 20 beds, main floor kitchen plus an on-site residence for the owners, a car port , ample parking, and substantial upgrades over the past seven years, including a new elevator, fire suppression systems, windows, stand by generator, and much more. This is a building/land sale only. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years..

Extras

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Payment calculator

$7935 monthly. In association with: TD Bank
%
  • Principal and Interest
    6781 /mo
  • Property Taxes
    $1153 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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