Commercial Building For Sale in Hamilton, Ontario - 16 Cannon St E
 

Hamilton Commercial For Sale By Owner

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Commercial Building For Sale

$699,900
16 Cannon St E , Hamilton, ON, L8L 1Z5
Owner`s Description
This Property Consists of 2 One Bedroom Apartments, 2 Two Bedroom Apartments and 4 Three Bedroom Apartments.

REVENUE:

Gross Rental Income: $99,360.00

EXPENSES:

Property Taxes: $12,272.00
Hydro & Water: $4,005.00
Insurance: $2,853.00
Gas: $5,568.00
Cable: $538.00

TOTAL ANNUAL EXPENSES: $25,236.00

NET ANNUAL INCOME: $74,124.00

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Name:
 Joe Char

 
Day Phone(416) 655-8948
Phone:
Email:
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Listing Owner
 Joe Char

Day Phone(416) 655-8948
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Property Summary
Property ID:  4889
Property Cat:  Commercial Building
Property Type:  Commercial

Land Transfer Tax Calculation Ontario

 
"The Land Transfer Tax in Hamilton, Ontario based on the selling price of $699,900.00 is $10,473.00."
 
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5%
+ $55,000.00 to $250,000.00 - land transfer tax is 1.0
+ $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%

 

See Also: Hamilton Real Estate     Hamilton Condos For Sale     Hamilton Commercial Building For Sale


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