$450,000
Unlock Price Rating!

240 BARRIE STREET, Essa (thornton), ON L0L2N0

- Beds
0 Baths
3,000 Sq Ft

Are you looking for a way to beat the market? Interest rates are dropping everyday. Unlike the majority of other properties on the market, this one actually cash flows. This is a phenomenal opportunity to own a piece of commercial real estate with not 1, not 2, but 3 sources of income! This property features a large commercial space on the ground floor with a stable tenant, a beautiful two bedroom apartment on the second floor and a one bedroom at the rear of the building.Current Net Income is $2, 512.31. Mortgage estimated at $1, 950.26. That is $562.05 positive cash flow every month. These calculations are based on a 4.25% interest rate and a 20% down payment. As rates drop the cash flow will increase. Do not let this opportunity slip through your fingers. With rates dropping this property only becomes more and more attractive every day.Reasons to buy this property: 1). Income from three sources. 2). Large footprint on main street. 3). Cash Flow Positive. 4). Proximity to HWY 400 (6 mins approx.). 5). Over 6.5% Cap Rate. (id:55598)

  • MLS® N9367875
  • Date Listed09/24/2024
  • Days on Realty 10 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Thornton
  • Property Type Other
  • Water Public
  • Square Feet 3,000 sq. ft
  • Price Per Sq. Ft $150

Interior Features

  • Cooling Fully Air Conditioned
  • Heating Forced Air, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / L0L2N0

Source: Walkscore

40/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

29/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 4/100, Bike Score: 23/100.

Points of interest near 240 BARRIE STREET, Essa (Thornton), ON L0L2N0

Frequently Asked Questions for 240 BARRIE STREET

Source: Realty.com

240 BARRIE STREET, Essa (Thornton), ON L0L2N0 is a Other, Commercial Sale property listed for $450,000 The property is 3000 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 36 photos of 240 BARRIE STREET.

The full address for this home is 240 BARRIE STREET, Essa (Thornton), ON L0L2N0.

240 BARRIE STREET has been listed on Realty.com since Tue September 24, 2024

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 4/100, Bike Score: 23/100.

Listing provided courtesy of: IPRO REALTY LTD. (tel: (416) 364-4776)
Listing agent: MATTHEW METZLER (tel: (416) 364-4776)

This content last refreshed on 2024-10-04 10:25:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 240 BARRIE STREET, Essa (Thornton), ON L0L2N0 : MLS® N9367875