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Property Listing RETIREMENT HOME FOR SALE-BRANTFORD ONTARIO-$3,150.000
  Date posted:  Monday, March 13, 2006 09:11:04 AM
Description


Strategic Retirement Home Located In Downtown Brantford Ontario

Tour the Retirement home by
clicking on this URL---->http://slideshow.ilookabout.com/?id=44DC4FD4D688BB96

Location
? The City of Brantford is strategically centered in the heart of Canada's Golden Horseshoe, 45 minutes west of the province's capital, Toronto.
? Brantford·Brant is comprised of two municipalities; the City of Brantford and the Corporation of the County of Brant, which includes the towns and villages of Paris, Burford, Oakland, Scotland, Mt. Pleasant, St. George, Glen Morris and Onondaga. The Brantford·Brant area is a culmination of an urban and semi-rural setting with 125,000 residents and over 470 industries.
? Brantford has also been recognized as the "Best Bloomin' City in Canada". Historic home-steads and world class golf courses lend aesthetic appeal to the community.
? Brantford·Brant also has an extensive variety of amenities and shopping, excellent health care facilities, an exceptional school system and ample recreational and leisure activities.
? The population structure within the City of Brantford is aging. From the year 2001 – 2026 the proportion of 55+ will increase from approximately 23% to 29-32% .

Building Report
? Located in a quiet, central location in Brantford on a Park-Like Boulevard. All day access to public transportation. Close to shopping and churches and many other amenities and services.
? A brick, 4-storey building with 18 balconies that over look a Park.
? Frontage: 123.75 feet Depth:125.80 feet
? 41 furnished rooms composed of 26 private suites & 45 semi-private with a total accommodation of 71 beds
? Brick exterior with new flat roof (2004).
? Recent improvements include: renovated lobby and administration office (1998), new smoking room (2000), 2 main floor bathrooms (2001), new elevator (2002), new carpet 2nd floor (fall 2005)
? On site laundry – 2 washers and 2 dryers
? 10 surface parking spots available
? Asphalt parking lot in good condition

Property Taxes:
$14,125.71 2005 (estimate)
$13,453.06 2004

Business Licence
Maximum Capacity 71 Persons in good standing

Price
$3,150,000

Financing
Treat as clear as per Seller’s instruction.

The furnished rooms are all renovated and are offered as semi-private, private and deluxe suites.

Suite design is well thought out with about 50% of rooms having access to private exterior balconies. Suite size is considered above average compared with similar style product in the area.

Facilities
? 20 employees incl. 3 nurses & 6 Personal Support Workers
? Home cooked meals served in a family friendly dining room
? Personalized medical services
? Onsite beauty salon and tuck shop
? Kitchenette located on the 2nd and 3rd floor lounges for easy, all day access
? Activity programs, group outings and special events
? Housekeeping and personal laundry services are provided
? Sunday religious services
? Main floor sunroom for activities and leisure

Projected Net Income:
call for info please

PROJECTED EXPENSES Annually
call for info please

PROJECTED NET INCOME BEFORE MORTGAGE call for info please

Contact

Elden Freeman & Daniel Freeman, M.B.A.
Broker Sales Representative
Freeman Real Estate Ltd.
988 Bathurst Street
Toronto Ontario
M5R 3G6
Tel: 416-535-3103
Fax: 416-535-3106 www.freemanrealty.com

Information contained herein has been obtained from sources deemed reliable, however we make no representations and/or warranties with respect to accuracy of same and therefore we do not assume any responsibility and /or liability with respect to same whatsoever. It is specifically noted that any financial statements or otherwise and/or any economic projections contained herein may be different from actual financial statements and/or economic events and any interested party should not rely on those contained herein. All of the information contained herein is subject to independent verification by any Buyer interested in the property.



 
 
Take a Virtual Tour
For more information, please contact...
Elden Freeman & Daniel Freeman, M.B.A.
Broker Sales Representative
Freeman Real Estate Ltd.
988 Bathurst Street
Toronto Ontario
M5R 3G6
Tel: 416-535-3103
Fax: 416-535-3106 www.freemanrealty.com
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