Gaurang Shah, Sales Representative

Available - For Sale

Listing ID: X11881735

121 May St South , Unit 111, Thunder Bay, P7E 1A9, Ontario

*Attention Investors* Cap Rate* Turn Key* 22 Rental Until-Good Mix of Commercial/Residential -15 Residential Units + 7 Commercial Units - Income Property Generating Excellent Net Operating Income. Two Buildings, Solar Panels + Parking Lot Included. List of Upgrades. 400 Amp-2007, Electric-2014, 3 Furnaces + Boilers-2015-2006, Windows 2008, Roof 2005, Fire Alarm 2012, Back Flow Preventor 2015, Professional Property Management in Place.

Price	$1
Taxes:	$28000.00
Tax Type:	Annual
Occupancy:	Tenant
Address:	121 May St South , Unit 111, Thunder Bay, P7E 1A9, Ontario
Apt/Unit:	111
Postal Code:	P7E 1A9
Province/State:	Ontario
Legal Description:	LT 57 W/S MAY ST, 58 W/S MAY ST PL W123
Lot Size:	126.00 x 100.00 (Feet)
Directions/Cross Streets:	MAY ST S/VICTORIA AVE E

Category:	Apartment
Use:	Apts-13 To 20 Units
Building Percentage:	Y
Total Area:	30000.00
Total Area Code:	Sq Ft
Retail Area:	15000
Retail Area Code:	Sq Ft
Approximatly Age:	51-99

Financial Statement:	Y
Franchise:	Y

Sprinklers:	Y
Heat Type:	Water Radiators
Central Air Conditioning:	Part
Elevator Lift:	None
Sewers:	San+Storm Avail
Water:	Municipal

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Percent Down:
Down Payment	$0.05	$0.1	$0.15	$0.2
First Mortgage	$0.95	$0.9	$0.85	$0.8
CMHC/GE	$0.04	$0.03	$0.02	$0
Total Financing	$0.99	$0.93	$0.87	$0.8
Monthly P&I	$0	$0	$0	$0
Expenses	$0	$0	$0	$0
Total Payment	$0	$0	$0	$0
Income Required	$.18	$.17	$.16	$.15

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Disclosure Statement

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

IPRO REALTY LTD

Listing -1 of 0

Gaurang Shah

Licenced Realtor

Dir:

416-841-0587

Bus:

905-458-7979

Fax:

905-458-1220

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Type:	Com - Investment
Area:	Thunder Bay
Municipality:	Thunder Bay
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Style:
Lot Size:	126.00 x 100.00(Feet)
Approximate Age:	51-99
Tax:	$28,000
Maintenance Fee:	$0
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