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| (cont. from pg.2) |
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| CASE STUDY: 272 Richmond St. E. |
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| 6,000 sq. ft. main floor |
| 6,000 sq. ft. second floor |
| 6,000 sq. ft. top floor |
| 18,000 sq. ft. total approximately. |
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| Purchase building for $2.1 to 2.2M. Expect to spend $700,000 to bring the building to a move in condition with the following improvements: |
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| - new HVAC |
| - new wiring |
| - new windows |
| - sand floors and repair where necessary |
| - sand blast interior brick |
| - demise premises on one floor into 6 smaller units |
| - install corridor |
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| Graphs/Statistics/Charts supplied by Real Estate Search Corporation, Toronto, ON |
| All contents copyright 2000-2006. All rights reserved. |
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