<-- style PDP --> 14 Clinton Street, Teeswater - Multi-5 Unit for sale for $499,900
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    Home Teeswater South Bruce 14 Clinton Street 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    Multi-5 Unit sold at 14 Clinton Street, Teeswater, ON, N0G 2S0 - South Bruce - MLS: 40435834
    • sold

    14 Clinton Street

    Teeswater, ON, N0G 2S0 - South Bruce

    $499,900$000000

    • Neighbourhood

      South Bruce

    • Major Intersection

    • Listed Since: 1058 day(s)

    • Last update: 851 day(s) ago

    Overview

    • Property Type

      Multi-5 Unit, Residential Income

    • Bedrooms

      n/a

    • Bathrooms

      1

    • Basement

      Partial, Unfinished

    • Kitchen

      n/a

    • Total Parking

      n/a

    • Lot Size

      Available Upon Request

    • Taxes

      $7,746.00 (2022)

    • Type

      Freehold

    Property Description

    Property description for 14 Clinton Street, Teeswater

    If you are looking for a great investment building to add to your portfolio then have a look at this one. As it stands this building caps out at about 7% on top of any finances related to the restaurant. The restaurant business is included in the sale price giving the buyer an opportunity to run the business or to rent the space out to another entrepreneur. Estimated rental rate is about 3000 making the cap rate on this building jump to about 14%. The building is fully rented but 2 or possibly 3 units can be vacant on closing allowing the buyer to give units a facelift and set market rents. Whether you are looking for that perfect investment or if you have been thinking about starting a restaurant then call today to view and get the ball rolling. This is the only restaurant in town and has been in the same family for 48 years. The second generation owner is ready to retire and start the next chapter of her life. Boomers Restaurant (formerly The Cosy Nook) is known far and wide for the great food at reasonable prices. It has served as the community hub and breakfast hot spot for years. Current owner closes the restaurant daily at 2:00 so there is opportunity to expand hours and increase revenue. Opportunities abound with this property.

    Listed by SUTTON GROUP - SELECT REALTY INC., BROKERAGE

    Property details
    Map

    • MLS #

      40435834

    • Sq. Ft

      5000

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Vinyl Siding

    • Fireplace

      n/a

    • Roof

      Other

    • Foundation

      Stone

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Natural Gas, Wall Furnace, Water

    • A/C

      Ductless

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • MLS #

      40435834

    • Sq. Ft

      5000

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      n/a

    • Year Built

      Available Upon Request

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      n/a

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Vinyl Siding

    • Fireplace

      n/a

    • Roof

      Other

    • Foundation

      Stone

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      Natural Gas, Wall Furnace, Water

    • A/C

      Ductless

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    Thinking of Selling?

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    estimate your home value

    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Property History

    Property history for 14 Clinton Street, Teeswater

    This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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