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3835 McBean Street, Richmond, ON 42 photos

$1,649,900

Active
3835 McBean Street, Richmond, ON· Goulbourn Twp From Franktown Rd/South To Rideau
5760
Sq Ft

About this Property

  • Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft)

Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. Vacant lot at 3833 McBean also available for sale.

Listed by SUTTON GROUP - OTTAWA REALTY · MLS# X12468809

Features & Details

Property details of 3835 McBean Street, Richmond, ON

Property TypeCommercial Retail
StyleRetail
Size5760 sq ft
Total ParkingOther

Mortgage Calculator

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%
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Mortgage Payment$8,105/monthly
Principal54%
Interest46%
Principal Amount$1,319,920
Interest$1,111,719
Total Payable$2,431,639
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$8,105
Mortgage + Expenses$8,105
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$
$
$
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Monthly Cash Flow-$8,105

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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