Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

8154 Jeanne Darc Boulevard, Orleans - Cumberland and Area, ON K1E 2H5 (lawnsberry drive)
$ 2850000 - MLS : X12728180

From Our Gallery

Description

This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential.

Location Description

lawnsberry drive

Property Detail

Community: 1101 - Chatelaine Village
Property Type: Tenant/Commercial
Garages: Outside/Surface
Annual Property Taxes : $ 31751

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Outside/Surface

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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