$719,900

Mar 15Commercial Retail For Sale

bed

0bath

MLS - #E12020885

87 Ontario Street, Clarington, ON L1C 2T2

Similar Homes Found

Average Price

71990000.0%

Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 87 Ontario Street

Excellent investment opportunity with a high CAP Rate of 5.52%+! This mixed-use property features a front, well-established convenience store, currently leased for $1,800 + HST on a 5+5 year lease, and a spacious 2-bedroom residential unit at the back, complete with a living room, dining room, kitchen, bathroom, and 1 parking space, with a rental of $2,000/month. With low property taxes are just $3,862/year. Seller financing is available! Don't miss this chance to own a solid, income-generating property!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

1693

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by HOMELIFE LANDMARK REALTY INC.

Additional Details

Basement:N/A

Cooling:No

Heating:Gas Forced Air Open

Parking Features:N/A

MORTGAGE INFO

SALE PRICE

PERCENT DOWN PAYMENT

DOWN PAYMENT

AMORTIZATION PERIOD (YEARS)

INTEREST RATE

ESTIMATED PAYMENT

$575,920 Principal and Interest

$691,104 Property Taxes

Location

Walk Score for 87 Ontario Street

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Some information about this property - Ontario Street

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