| Message Number | 427619 |
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| status | Active |
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| Subject Line | 3 Hours To Toronto. Government funded care home. $1.68M. Steady high income! Buyer must be approved by CMHA. |
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| Business area | |
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| Have/Want | Have |
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| Business category | Business Opportunities
Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks |
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| Date of Listing | July 25 2024 |
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| Type Description | Residential Care Homes |
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| Location | 2 hr. 40 minutes to Toronto |
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| Price | $1,680,000.00 |
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| Gross Income | $509,184.97 |
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| Expenses | $342,909.76 |
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| Net Income | $252,041.00 |
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| Cap Rate | 9.9% |
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| Comments | With 25% Down. L.A. can assist arranging 1st mortgage at current bank rate.
Buyer must be approved by CMHA
Motivated seller! |
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| Internet Links | |
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| Client Situation | Geographical |
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| Clients Objective | To Acquire |
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| Client Wants | Cash |
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| Control | Regular Client |
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| Name | Lino Reyes |
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| Title | Salesperson |
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| Company Name | Realty Associates Inc., Brokerage |
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| Address Line One | 8901 Woodbine Ave. Ste 224 |
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| City | Markham |
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| State/Province | Ontario |
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| Zip/Postal Code | L3R 9Y4 |
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| Country | Canada |
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| Business Phone Number | (416)293-1100 |
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| Cell Number | 416-562-9601 |
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| Home Number | 416-562-9601 |
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| FAX Number | 416-293-6700 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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