- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12008925
- Bus Major:
- Hotel/Motel/Inn
- Photos (32)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
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***Prime location Property In The Heart Of Niagara Falls Tourist Area* Walking distance to Falls*Casino*Tourist Fun area*Property covered with stucco & 50 Renovated Rooms in fall 2024 *Living Apartments for Owner/Manager*Good Revenue*Minutes Walk to Falls*Casino*Skyline Tower*Clifton Hills Fun area*Owner spend $$$$$$ on Renovation*Well Maintained condition*No disappointment***
- Percentage Rent:
- 0
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Retail Area:
- 0 sq. ft. %
- Industrial Area:
- 0 sq. ft. %
- Office/Apt Area:
- 10 sq. ft. %
- Depth:
- 171'
- Frontage:
- 150'
- Water supply:
- Municipal
- Zoning:
- Investment Accommodation Hotel/Motel/Inn
- Heating type:
- Baseboard
- Garage:
- Outside/Surface
- Possession Details:
- T/B/A
- HST Applicable To Sale Price:
- Included In
- Common Area Upcharge:
- 0.0
- Development Charges Paid:
- No
- Type Taxes:
- Annual
- Taxes:
- $52,000 / 2024
- Assessment:
- $- / -
- Niagara Falls
- 214 - Clifton Hill
- Niagara
- Major Highway, Public Transit
- No
- ***All Furniture TV, Fridge, all Light fixtures, window Covering & all Fixtures attach to all rooms***List of Chattels provide in Schedule 'C' after acceptance of Offer***
- ***Owner & Manager's personal belonging***
- UFFI:
- No
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Financial Statements:
- No
- Gross income:
- $1,000,000
- Net Income Before Debt:
- $700,000
- Estimated Inventory At Cost:
- 100000.0
- Expenses Actual/Estimated:
- Estimated
- Heating Expenses:
- $17,000
- Hydro Expenses:
- $16,000
- Insurance Expenses:
- $7,716
- Management Expenses:
- $100,000
- Tax Expenses:
- $52,000
- Operating Expenses:
- $31,000
- Other Expenses:
- $24,000
- Water Expenses:
- $9,000
- Year Expenses:
- 300000
- Maintenace Expenses:
- $85,000
- Vacancy Allowance:
- 0
- Property Management Company:
- 2587282 Ontario Ltd
- Business/Building Name:
- FAIRVIEW INN
- Major Business Type:
- Hotel/Motel/Inn
- Category:
- With Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 24
- Employees:
- 3
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 0
-
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Listed by RIGHT AT HOME REALTY
Data was last updated April 27, 2025 at 09:15 PM (UTC)
- ALI BOLOURCHI
- EXP REALTY BROKERAGE
- 1 (416) 8862000
- Contact by Email
Ali Bolourchi Real Estate (A.B.R.E.) Team
eXp Realty Brokerage
our Trusted Partner in Real Estate.
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- TRREB (Toronto Regional Real Estate Board)
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- CCIM (Certified Commercial Investment Member)
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- AREAA (Asian Real Estate Association of America)
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