Financial breakdown on this sale from the Vanier Neighbourhood.
This building was listed for $1,090,000 and it sold for the full asking price. We are not sure if this property was fire retrofitted. It has a Cap Rate of 3.42% and a cash flow of $1260 with a 35% downpayment of $381,500.
If you want to buy or sell any type of Income Property, get in touch with Patrick Walchuk.
The image below displays all the finances from this sale.