Property Description
Mixed used property in the middle of Alexandria. Main floor leased to Royal Lepage Performance Realty @ $1900.00/month + HST. The second floor has been recently renovated and is currently vacant. 2 bedroom apartment with a market rent of $1400/month. Gross annual income $39,600. Annual Expenses $17,000. NOI $22,600. Main floor is 1210 sq.ft, and second floor is 750 sq.ft. Plenty of paved parking. Main floor lease is to November 30th, 2028.
Location Description
Derby St.
Listing Contracted With: ROYAL LEPAGE PERFORMANCE REALTY