Added 2 months ago
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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: C4-63
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Age: No Data
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Taxes: 10722.42
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MLS®#: W8046930
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Days on Site: 60 Days
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Added: Feb 05, 2024 (2 months ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: HOMELIFE/MIRACLE REALTY LTD
High cash Flow investment opportunity in Clarkson Village ** Fully leased three (3) Unit Property with high traffic & Direct Street exposure. One restaurant & two apartments strong and constant cash flow. the main floor is a professionally built and successfully running restaurant of famous Clarkson Fish and Chip with full basement. 2 Dedicated Parking nd ample Plaza Parking. On the second floor there are two recently renovated apartments. The first apartment is a 2 bedroom, 1 washroom, balcony and 1 parking. The second apartment comes with 2 bedrooms+ Den , 1 washrooms, balcony and 1 parking. Both apartments have their private separate entrances. All three tenants are AAA with all the deposits and paperwork in order. Gross income approx $88,000/ year with annual acceleration.
Extras
2 fridge, 2 stoves, Gross income approx $88,000/ year with annual acceleration.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Net Income: 73336
Area: Mississauga
Community: Clarkson
Availability Date: Immediate
Inside
Air Conditioning: Part
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Baseboard
Energy Certificate: N
Green Verification Status: N
Freestanding: N
Water Supply: Municipal
Volts: 200
Amps: 240
Parking
Garage Type: Plaza
Fees
Tax Year: 2023
Tax Legal Description: PT LT 4 PL 503 TORONTO PTS 8, 17, 32, RD256; S/
Taxes: $10,722
Expenses: Est
Insurance Fee: 3000
Operating Fees: 14642
Other Expenses: 10122
Commercial Condo Fees: 63
Taxes Type: Annual
Tax Year: 2023
Water Fees: 792
Land
Cross Street: Lakeshore & Clarkson
Municipality District: Mississauga
Parcel Number: 134910143
Sewer: Sanitary
Lot Depth: 188.4 Feet
Lot Frontage: 18.01 Feet
Zoning: C4-63
Commercial Specific
Retail Area: 997
Retail Area Metric: Sq Ft
Sprinklers: Part
Total Area: 2991
Total Area Metric: Sq Ft
Office Size: 1994
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Building
Financial Statement: N
Gross Income/Sales: 87978
Owenwood Public School
Elementary: PublicClarkson Public School
Elementary: PublicGreen Glade Senior Public School
Elementary: PublicSt Christopher School
Elementary: CatholicHillcrest Public School
Elementary: PublicWhiteoaks Public School
Elementary: PublicErindale Secondary School
Secondary: PublicClarkson Secondary School
Secondary: PublicIona Secondary School
Secondary: CatholicLorne Park Secondary School
Secondary: PublicSt Martin Secondary School
Secondary: CatholicOakville Trafalgar High School
Secondary: Public
