37 EDGEWATER STREET, Ottawa, Ontario

ID#488910 | MLS# 1253083 | Listed at $300,000.00
Real Estate - Ottawa -
Geoffrey Worthing
Sales Representative
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Description
Auto mechanic business for sale. Must be purchased with the building or the building may be sold separately without the business. Building valuation is $1,600,000 and the business valuation which was completed by a chartered accounting firm is $300,000. Turn-key, successful automotive repair business in operation for 16 years. Fantastic opportunity for a mechanic to step into a profitable and growing business plus the benefits of owning the property. The building has 2 bays, an office area, reception, storage and bathroom. Parking for 18 vehicles on site. Shipping container on site is included in the sale and used for additional storage. Large equipment is included in the sale. Hand tools and some other machines are not owned by the business and are not included in the sale. A list of inclusions will be available. Confidentiality agreement required for business documents. The successful buyer must secure their own financing or cash purchase. The seller will not provide a VTB. (id:1508)
Special Features
  • Constructed Date: 1985
  • Fireplace Present: False
  • Business: Automobile
  • Business Name: AAA Kavtech Automotive
  • Has Acreage: false
  • Ownership Type: Freehold
  • Parking Space Total: 18
  • Zoning: IG2
Property Type Commercial
Building Style Bungalow
Listing Type For Sale
Age 1985

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: Five Year Fixed Mortgage Rates
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $15,000 2.69% 25 Years 5 year Fixed $1,342 $50,008
10.00%  -  $30,000 2.69% 25 Years 5 year Fixed $1,263 $47,611
20.00%  -  $60,000 2.69% 25 Years 5 year Fixed $1,100 $42,744
Title: 3 Year Fixed Mortgage Rates
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $15,000 2.29% 25 Years 3 year Fixed $1,283 $48,239
10.00%  -  $30,000 2.29% 25 Years 3 year Fixed $1,207 $45,948
20.00%  -  $60,000 2.29% 25 Years 3 year Fixed $1,052 $41,295
Title: One Year Closed
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $15,000 2.69% 25 Years 1 year Fixed $1,342 $50,008
10.00%  -  $30,000 2.69% 25 Years 1 year Fixed $1,263 $47,611
20.00%  -  $60,000 2.69% 25 Years 1 year Fixed $1,100 $42,744

Disclaimer:

Rates are subject to change and cannot be guaranteed.
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