25 MAIN STREET E, NORWICH

2024-04-08
 

Quick Summary

Location
25 MAIN STREET E, NORWICH, Ontario N0J1P0
Price
$2,000,000 CAD
Status:
For Sale
Property Type:
Business
Area:
10276ft2

MLS®#X10744430

Property Description

Looking for an investment with a return with a 7.5% cap rate? This property is operated as a retirement home with 20 beds, main floor kitchen plus an on-site residence for the owners, a car port , ample parking, and substantial upgrades over the past seven years, including a new elevator, fire suppression systems, windows, stand by generator, and much more. This is a building/land sale only. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years. (id:32467)

Property Features

Building

  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 10276 sqft
  • Utility Water: Municipal water

Features

  • Feature: Elevator

Land

  • Land Size: Unit=130.88 x 171.1 Acre
  • Sewer: Sanitary sewer

Zoning

  • Description: I-2

Information entered by Re/Max a-b Realty Ltd Brokerage
Listing information last updated on: 2025-01-08 17:50:08


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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

Q
What is the deal exactly, with One Percent?

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!

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What do you charge?

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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Yes, yes, and yes.


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