From: user@127.0.0.1
Newsgroups: misc.invest.canada misc.invest.real-estate realtynet.canada-intl alt.invest.real-estate atl.housing
Subject: Re: Commercial building must be sold this year, 21000+ sf, 45 mins to Ottawa, excellent return, extensively upgraded.
Date: Sun, 24 Jul 2005 09:49:44 GMT
If you don't sell it this year, what will happen?
On 23 Jul 2005 22:36:27 -0700, "Building must be sold"
wrote:
>Price: $749,000. Excellent double digit rate of net return. Located in
>downtown Smiths Falls, Ontario. 45 mins drive to Ottawa, 30 mins to
>Kanata. Walk to all amenities and businesses. Over 21,000 square foot
>interior space. Currently 13 apartments (own kitchen, bathrm), one
>large commercial tenant, 8 single residential bachelor units (shared
>bathrm), 3 offices and numerous storage rooms. Always well rented.
>Excellent return. Masonary structure. Huge improvements in last two
>years inclusing new roof ($30K) in Dec 2003. Building was completely
>fire retrofitted in 2005 (over $60K). High ceiling between the floors,
>large room windows, wide stairs, mosaic windows, beautiful antique
>modelings. Full size full height basement. Prime Minister of Canada
>used to come to the building for business and pleasure.For photos and
>contact info go to http://www.geocities.com/nortelmanager/building.html
>or
>Email:mwintrust@yahoo.ca
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