SoldDetached

2125 Centre Road

Name: 2125 Centre Road - Sold Apr 2018
Brand: Royal LePage Meadowtowne Realty Inc., Brokerage
Price: 2190000 CAD
Availability: SoldOut

Hamilton - Rural Flamborough

2125 Centre Road

Hamilton - Rural Flamborough

$3,500,000

Sold For$2,190,000

Listed For $2,750,000

Sold Apr 2018

4 Bedrooms Bedrooms

4 Bathrooms Bathrooms

0 Garage Garage

Description

TOMIKO - . Totally transformed / updated 320 stall horse training facility

updated structures, lighting, plumbing, decks, fencing, etc.
½ mile track
16 paddocks . Tack rooms . Bank barn . Storage sheds, Workshops . apartments, in-ground pool . Restaurant . Offices . www.tomikotc.ca/

. Current CAP Rate is 9.3% (based on 125 horses) . Modest Potential CAP Rate is 14.4% (based on 175 horses)

Key facts for 2125 Centre Road

Tax$14,000 / 2017

Property TypeDetached, 2-Storey

ParkingNone Spaces, Total 10 Spaces

Parking FeaturesCircular Drive, Other

BasementFinished, Full

Listing #X10483602

Days on Market--

Listing BrokerageRoyal LePage Meadowtowne Realty Inc., Brokerage

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$13,429/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.8% net yield

Net Monthly Cash Flow-$11,395

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