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X5333468
$4,350,000

N/A N/A St (N/A)

Price: $4,350,000

Status: For Sale 

MLS®#: X5333468

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$4,350,000
  • Tax: $7,314/Annual (2021)
  • Community:Simcoe
  • City:Norfolk
  • Type:Commercial
  • Style:Investment
  • Size: 19,600 Sq Ft

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

Opportunity To Purchase A Large Fully Leased & Licensed Retirement Residence In Sw Ontario. With Over 19000 Sqft Of Space & 39 Rooms. High Income Opportunity With Over 9% Cap Rate, Turnkey & Highly Profitable Operation. The Current Owners Have Spent Hundreds Of Thousands On Mechanical Updates That Include: Hvac, Sprinkler System, Updated Rms, Updated Common Areas, Updated Kitchen And Medial Areas, New Exterior Stucco, Windows, New Accessibility Entrance


Highlights

Door Along With Other Numerous Updates. Building Features: 19000+ Sq Ft, Exterior Parking, Well Maintained & Updated Mechanicals, Sprinkler System, Newer Roof, 400 Amp 600 V

Want to learn more about N/A N/A St (N/A)?

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’

Joanne Gludish

Sales Representative

Royal LePage Real Estate Services Ltd., Brokerage

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