Sean Kim, Broker - Re/Max Realty One Inc.

$1,079,000

Available - For Sale

Listing ID: X12087852

449 Preston Stre , Dows Lake - Civic Hospital and Area, K1S 4N5, Ottawa

Prime Location on Preston Street one block from Claridge's ICON Building and Soho Building and very close to future Ottawa Hospital.Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment. Approx. 1600 sq ft including finished basement. NOI: approx. $60k/annum. Potential future development while earning income from existing tenants.

Price	$1,079,000
Taxes:	$14300.00
Tax Type:	Annual
Occupancy:	Tenant
Address:	449 Preston Stre , Dows Lake - Civic Hospital and Area, K1S 4N5, Ottawa
Postal Code:	K1S 4N5
Province/State:	Ottawa
Directions/Cross Streets:	Adeline & Preston

Washroom Type

No. of Pieces

Level

Washroom Type 1

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Category:	Store With Apt/Office
Building Percentage:	T
Total Area:	1600.00
Total Area Code:	Square Feet
Office/Appartment Area:	600
Office/Appartment Area Code:	Sq Ft
Retail Area Code:	Sq Ft

Sprinklers:	No
Washrooms:	0
Heat Type:	Baseboard
Central Air Conditioning:	Yes

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Heating:

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Other Debt:

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Amortization:

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GDS:

TDS:

Percent Down:
Down Payment	$53,950	$107,900	$161,850	$215,800
First Mortgage	$1,025,050	$971,100	$917,150	$863,200
CMHC/GE	$41,002	$30,104.1	$25,680.2	$0
Total Financing	$1,066,052	$1,001,204.1	$942,830.2	$863,200
Monthly P&I	$5,260.77	$4,940.76	$4,652.7	$4,259.74
Expenses	$0	$0	$0	$0
Total Payment	$5,260.77	$4,940.76	$4,652.7	$4,259.74
Income Required	$197,279.02	$185,278.54	$174,476.12	$159,740.1

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Your Payment:

$2,662.33

This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

SHAKER REALTY LTD.

Listing -1 of 0

Sean Kim

Broker

Dir:

416-998-1113

Bus:

905-270-2000

Fax:

905-270-0047

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At a Glance:

Type:	Com - Store W Apt/Office
Area:	Ottawa
Municipality:	Dows Lake - Civic Hospital and Area
Neighbourhood:	4501 - Dows Lake
Style:
Lot Size:	x 75.00(Feet)
Approximate Age:
Tax:	$14,300
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
Air Conditioning:
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