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| Property Type: |
Two - 3 storey Triplex with basement |
| Address: |
5673 & 5677 Cornwal lis Street , Halifax, NS - Map |
| Asking Price: |
$2,000,000 |
| Apartment Units: |
6 large 1 bedroom apartments – no vacancy |
| Co-Op: |
2% |
| Current Owner: |
Bonnellcorp Inc. |
| Net Floor Area: |
5673 Cornwallis: 2,582 sq.ft.
5677 Cornwallis: 2,169 sq.ft.
Total: 4,751 sq.ft. |
| Lot Size: |
5673 Cornwallis: 1,950 sq.ft. (+/- 25 X +/- 76)
5677 Cornwallis: 1,672 sq.ft. (+/- 23 X +/- 76)
Total: 3,622 sq.ft. |
| Lot Dimensions: |
5673 Cornwallis: +/- 25 X +/- 76
5677 Cornwallis: +/- 23 X +/- 76 |
| Stabilized NOI: |
$60,014 |
| Stabilized CAP Rate: |
3.0% |
| Bath: |
6 washrooms |
| Zoning: |
Under the new Centre Plan expect zoning to be finalized as "Corridor" Zoning with a 20 metre height permissions |
| Basement: |
Unfinished |
| Assessed Value: |
5673 Cornwallis: $532,300
5677 Cornwallis: $476,700
Total: $1,009,000 |
| Other Notes: |
In 2003 the building was totally renovated and updated with new bathrooms and kitchens, separate electric meters for each unit and new windows. The building is being sold on an "As Is" basis. |
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| BROKERS PROTECTED |
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