REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,389,000
Est. payment /mo
Active
7663 WOODBINE STREET E Niagara Falls (ascot), ON L2H1C2
2,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $478
Subdivision 213 - Ascot
MLS® Listing ID X12304046
Source Toronto Regional Real Estate Board
Property Description
Convenience Store with two Apartments(Both 2 Bedrooms) Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales growing day by day Plus Lotto commissions $ 53000 a year and Vape store sales growing with 40% returns.(Vape store alone nets $$$$ a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ 185000 after paying $ 85000 Payroll per year(owner as well) with Absentee Owner. Get this goldmine before its gone. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED