6.8% cap rate on quality downtown London investment opportunity! Proforma net operating income (after expenses) = $86,644. The property offers six (6) turnkey residential apartments and one (1) commercial unit. The commercial (retail) unit is comprised of approximately 2,000 square feet on the main floor and an additional 2,000 square feet of full height basement space which has a separate walk-out entrance in the front and the rear of the building for added income potential. Main floor commercial space currently vacant offering great owner-occupier potential or investment with continued improvements being made in the core. Detail rent roll and expenses available upon request. (id:41195)
181 COMMISSIONERS ROAD WEST, London ON N6J1X9
Office: (519) 438-2222
Fax: (519) 438-1886
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I just wanted to take a moment to thank you so very much for all your help purchasing my first house 😃. You made me feel at ease, and were so kind. I told my mortgage broker about you lol. I just wanted to let you know how much I appreciated your skill! Hope you’re having a good week!
In our past experiences of working with various real estate agents we have been consistently disappointed with what appeared to be a lack of care and attention to detail that you would expect from somebody handling such a large transaction on your behalf. When buying with others, we felt that we were doing most of the legwork and when selling a property it felt like there was little guidance behind the pricing that was set and no selling strategy whatsoever. As a result, we had never used the same individual more than once as we continued to search for the right partner with each new real estate transaction.
We knew that we had found a different kind of team from the first time the Becketts stepped into the home we were planning on selling. Opening every drawer, looking at every aspect of the house, taking pictures and making notes…it was clear they were prepared to do their homework. After the initial viewing of the home we met for several hours reviewing the incredible amount of data they have available to them to set an appropriate selling price based on historical figures, the inventory currently being offered in the market, and the optimal price range for our target customer. There was no doubt about the reasonable selling range we could expect based on all of the information made available to us. We determined a price that was above our initial estimate and received multiple offers which allowed us to sell above our asking price along with tactical guidance from Team Beckett on how to handle each offer. We have no doubt that based on the initial feedback of other real estate agents we had talked to that we would have left at least $50,000 (12%) on the table had we not proceeded with the Becketts.
Team Beckett also took care to walk us through all potential safety, legal and procedural matters so that we had full confidence that we wouldn’t be met with any surprises. They even returned a small portion of the commission that was not spent on the anticipated marketing costs which resulted in them being one of the most competitive agents we have worked with!
We will no longer use anybody else and will insist that those we care about call Team Beckett before listing or looking for a home in Oxford County.
Mike and Alicia
You called to tell us the “perfect” house we had missed out on years ago was back on the market again.
Without pressure, you effeciently organized and expedited our purchase which required building confidence and careful guidance as we had to sell our present home to buy this one!
There were some complications in our move but with your experience you provided expert help in this situation.
Chris Smart & Janet Lambert
Great marketing piece…no wonder you are so successful! The mark of a professional Realtor is his/her willingness to share their good ideas with others because they have no fear of the competition!!
Kudos to you and your Team!
If you have any Niagara referrals I’ll look after them the way the Joyce Byrne team would!
RE/MAX Garden City Realty Inc. Brokerage
As first time home buyers, we thought that finding a home would take several months and every moment of our available time. In most cases, the houses we were interested in seeing were sold or had a conditional offer. Mike and I were soon frustrated and realized that we needed assistance.
We contacted Joyce Byrne to see a home that she had listed with Sutton Group Preferred and we met with one of her Buyers Agents. Your Real Estate Team made finding a home a stress free experience. You sent us listings, made all of our appointments and accompanied us on our visits to the residences. You even pointed out expensive repairs and high maintenance homes. Your advise and honestly was appreciated and we trusted you to recommend a home inspector and lawyer.
With your help we found our home in three weeks and had much more free time which we used to start planning our wedding.
Mike Rabideau and Jen Barnier
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