5301 Nauvoo Rd

Warwick | Watford | N0M 2S0
  • 2800.0 sqft
  • 0 gar

Ask: $560,000 $499,000

Est. Mtg $1,692 /mo
  • Days on market

    54

  • Status

    A

Listing Broker SHANAHAN REALTY INC.
Since listed: 3 views

Home details

MLS #:

X11912047

Property type:
Store W/Apt/Office
Style:
Taxes:
$928
Possession:
flexible
Condo Fee:
Lot Size:
22.0 X 132.0
Zoning:
C1 1
Use:
Heat:
Baseboard

Description


5301 Nauvoo Rd, , Warwick, Ontario is a Store W/Apt/Office property in Warwick and in the Watford community in the N0M 2S0 postal code


New low asking price of $499,00.00 for a quick sale by a motivated seller. A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 8%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. **EXTRAS** Plenty of parking at the rear or on the street and across the street in the public lot. In an effort not to disturb the tenants, please view the interior pictures provided, taken after renovations , with this listing..

Extras

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Payment calculator

$1769 monthly. In association with: TD Bank
%
  • Principal and Interest
    1692 /mo
  • Property Taxes
    $77 /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

Daniella Silvestri, Realtor

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