Sold ConditionalSale Of Business

970 Highway 7 Highway

Name: 970 Highway 7 Highway - Sold Conditional
Brand: RE/MAX ESCARPMENT REALTY INC.
Price: 1700000 CAD
Availability: OutOfStock

Otonabee-South Monaghan - Otonabee-South Monaghan

970 Highway 7 Highway

Otonabee-South Monaghan - Otonabee-South Monaghan

Listed For $1,700,000

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Sold Conditional

- Garage Garage

Description

Excellent Opportunity To Acquire A Well-Established Profitable Business That Requires Minimal Oversight. Family Owned For 40 Years. Combined Area Approx 2 Acres. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years, Huge Upside Potential. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 (Rear) MLS #X12391736

Key facts for 970 Highway 7 Highway

Tax$15,822 / 2025

Property TypeSale Of Business,

Lot Size245 x 237 Feet

Size1.32 ft²

Listing #X12391739

Days on Market--

Listing BrokerageRE/MAX ESCARPMENT REALTY INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$8,301/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.6% net yield

Net Monthly Cash Flow-$5,719

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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