Go To Mortgage 101

Return To Group Index

From: "Lina" 
Newsgroups: misc.invest.canada misc.invest.real-estate realtynet.canada-intl alt.housing alt.building.realestate
Subject: Re: 24-plex Apartment building & commercial, 17%+cap new roof, retrofitted, investment property.
Date: Wed, 08 Feb 2006 01:26:55 GMT

Hello, to get better exposure, i recommed listing this on westlist.com - 
they just redid the real estate community and its a good time to list free.

www.westlist.com
"commercial"  wrote in message 
news:1136703534.488598.34970@f14g2000cwb.googlegroups.com...
> More photos at http://www.anykindjob.com/building.html Price: $539,900
> USD or $625,000 CDN. 17%+ Cap rate. Located in downtown Smiths Falls,
> Ontario, Canada. 45 mins drive to Ottawa. Smiths Falls is the chocolate
> capital of East Canada and a popular tourist destination. Walk to all
> amenities and businesses. Over 21,000 square foot interior space.
> Currently 13 apartments (own kitchen, bathrm), one large commercial
> tenant (bar & grill), one additional commercial space, 1 office and 8
> single residential units (share bathrooms and common areas), and
> numerous storage rooms. Always well rented. Excellent return. Masonary
> structure. New roof ($30K) in Dec 2003. Building was completely fire
> retrofitted in 2005 (over $80K) and had numerous improvements. High
> ceiling between the floors, large room windows, wide stairs, mosaic
> windows, beautiful antique modelings. Full size full height basement.
> Advanced alarm system thoughout the building. Superinterdent on site,
> and property management company available for absentee landlord.
> Recognized for its architect beauty. Lots of potential. Can easily
> reverted to a resort hotel or retirement place. Property management
> company next to the building for absentee landlord. For photos and
> phone contact info go to http://www.anykindjob.com/building.html
> email to:  fwintrust    @    yahoo.com
>
>