ON > Niagara Falls > 213 - Ascot
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580
$1,389,000
Est. payment /mo
1,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $1,157

Subdivision 213 - Ascot

MLS Listing ID X12304046

Annual Tax Amount $6,285

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone.

Location

Province ON

County Niagara

Community 213 - Ascot

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 69.42

Lot Depth 75.0

Others

Security Features Partial

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Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

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agent

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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