Retirement Home - 2 1/2 Hrs East Of Toronto - Reduced To 2.7m.

Not on MLS®

$2,700,000

For Sale: Multifamily in Kingston, ON

Naraine Ramkirath

Realtor

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Listing Details

Description

Note: picture and location approx. Buyer to do their own due diligence. 15000 sqft property 5 acres land Rooms = 35 Beds = 48 16 beds for redevelopment on 3rd floor Got drawings on it Application pending city . They will grant approval providing the septic and water is studied and I have a company doing it Study is looking good so far Plus rent increase is due . Have not had one in 2 years. There is also a huge upside potential to add another building (drawings are already done). Mostly independent. No government Subsidy NOTE: Application pending for LTC of 96 beds. 10-18 employees - several over 10yrs Seller to provide high level financials this week. Once we have an interested party, he will furnish more details. Can arrange showing for super interested parties only. This is a list of the services the home offers. • Assistance with bathing - with 3rd party • Assistance with ambulation - • Administration of drugs or another substance - • Provision of a meal - • Assistance with dressing – Personal care – 3rd party agency • Any service that a member of the Ontario College of Pharmacists provides while engaging in the practice of pharmacy • Doctor available – virtual • Nurse available - virtual

Location & nearby

This listing is located in Kingston, ON

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