Type
Investment
Age
-
Days Listed
10
Last Updated
1 week ago

Ask about this home

Rafal Starmach

Sales Representative at Right at Home Realty Inc, Brokerage

  Yes 

Description

18 Units Rental, Single Room W/ Full Washrooms, No Kitchen, Converted From A Formal Motel. Net Income $66,480 At Full Occupancy (As Per Seller). The Bar On Main Floor Is Currently Open On Weekend And Currently Operated By The Owners. Net Income $40,000 Per Year From The Bar (As Per Owner). The Bar Is Licensed For Up To 400 Patrons. A Fully Equipped Restaurant (Currently Closed) Including Range, Pizza Oven, And Fryers Also Available W/ The Property.

Extras

There Is 4 Bedroom, 2 Full Washroom On Main Floor. Currently Owner Occupied That Can Be Also Rented Out.

Features

Facts
Type:Investment
Age:-
Type:U.
Property Type:CommercialProperty
Taxes:16032
Zoning:Commercial
Days On Market:2
Listed by:TFN REALTY INC., BROKERAGE
MLS®#:X4515283
Property Type:Investment
Type:Apts-13 To 20 Units
Taxes:16032
Property Type:Apartment
Number of Days Listed:10
Last Checked:2 months ago
Listed on Home.ca:2019-07-13 12:59:26
Property
Status:Sale
Type:U.
Type:Apts-13 To 20 Units
Property Type:CommercialProperty
Property Type:Investment
Property Type:Apartment
Community:Wallaceburg
Availability Date:30-90 Days
Inside
Bathrooms:26
Air Conditioning:Part
Building
Basement:N
Heat Type:Gas Forced Air Closd
Freestanding:Y
Water Supply:Municipal
Parking
Garage Type:Outside/Surface
Covered Parking Spaces:10
Fees
Tax Year:2018
Tax Legal Description:Pt Lt 114 Pl 414 As In 399078 Except Pt 1, 24R7172
Taxes:16032
Expenses:Est
Hydro Expense:16800
Heat Expenses:5100
Taxes Type:Annual
Taxes:16032
Tax Year:2018
Water Fees:4200
Land
Cross Street:Dufferin Ave/Arnold
Municipality District:Chatham-Kent
Lot Depth:164
Lot Frontage:117.22
Lot Size Units:Metres
Zoning:Commercial
Municipality:Chatham-Kent
Municipality District:Chatham-Kent
Commercial Specific
Number of Employees:2
Retail Area:9000
Retail Area Metric:Sq Ft
Sprinklers:Part
Total Area:19199
Total Area Metric:Sq Ft
Hours Open:10P-2Am
Office Size:9000
Office Size Metric:Sq Ft
Days Open:2
Franchise:N
Tangible Property Included:Y
Lot Code:Lot
Seats:400
Business/Building Name:Sams Hotel
Financial Statement:Y
LLBO:Y
Utilities
Utilities:Y
$448,800 - for Sale - MLS#: X4515283  

This investment property at 1531 Dufferin Avenue, Chatham-Kent, N8A2W8 is currently for sale for $448,800. This property has been listed on Home.ca for 10 days and can be financed with an estimated mortgage of $1,520 per month*. Yearly property taxes for this home are approximately $16,032.

1531 Dufferin Avenue is a Investment home. The home's closest main intersection is Dufferin Ave/Arnold . The lot dimensions of this property are 117.22 x 164 Metres. The property is located in the Wallaceburg neighbourhood in the city of Chatham-Kent, in the regional municipality of Chatham-Kent. Nearby neighbourhoods are Dresden, Chatham, Tilbury, Raleigh, Harwich.

This home has 0 beds and 26 bathrooms . .

This home has a n basement. The garage is outside/surface. The property has part for air conditioning.

Date of possession for this property is 30-90 Days. This home was listed by TFN REALTY INC., BROKERAGE according to MLS® Reciprocity.


Nearby Schools

Elementary Schools

A A Wright Public School

JK-6, Public, 0.35 km

St Elizabeth Catholic School

JK-8, Catholic, 0.51 km

Wallaceburg DSS-Gr. 7 & 8

7-8, Public, 0.80 km

Holy Family Catholic School

JK-8, Catholic, 1.91 km

H W Burgess Public School

JK-6, Public, 2.42 km

Christ the King Catholic School

JK-8, Catholic, 2.56 km

Secondary Schools

Wallaceburg District Secondary School

9-12, Public, 0.85 km

Lambton Kent Composite School

9-12, Public, 18.20 km

École secondaire catholique École secondaire de Pain Court

9-12, Catholic, 23.98 km

Chatham-Kent Secondary School

9-12, Public, 25.60 km

Ursuline College (The Pines) Catholic Secondary School

9-12, Catholic, 26.72 km

John McGregor Secondary School

9-12, Public, 29.80 km


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For property value of $448,800 and downpayment of 20% ($89,760), your mortgage will be $1,520.36

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About 1531 Dufferin Avenue, Chatham-Kent

Property is located at 1531 Dufferin Avenue, Chatham-Kent, N8A2W8 and is situated in the neighbourhood of Wallaceburg. Taxes are approximately $16032 on an yearly basis. It's located near Dufferin Ave/Arnold . Property taxes in 2018 were $16032 per year. Possession date is 30-90 Days.