We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
264 MacKenzie Street, SUDBURY
2023-10-23
Quick Summary
MLS®#2113869
Property Description
NET OPERATING INCOME $68,041 GENERATING A 8.55% CAP RATE. Not For Profit Child Care with a Government supported Tenant on a long term lease. This property is located in the heart of downtown Sudbury. The Tenant at their own expense will be installing an artificial grass surface and playground structures throughout the playground area in the Spring at their projected expense of $300,000. The tenant also contributed 50% of the expense of the two new furnaces and air conditioners were installed in 2020. The tenant is committed to this property as they also invested $300,000 in leasehold improvements when they moved in. This is a turnkey operation which is fully operational. The tenant all through the pandemic was always able to meet their financial lease obligations and continue to do so. (id:32467)
Property Features
Building
- Amenities: Air Conditioning
- Exterior Finish: Brick
- Fireplace: No
- Flooring Type: Hardwood, Vinyl
- Utility Water: Municipal water
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Storage Type
- Storage Type: Outside Storage
Zoning
- Description: I
Information entered by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
Listing information last updated on: 2024-08-17 13:45:43
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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