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By end December/09 there will be a min. of 3 more tenants bringing in approx. $2000.00/mth or $24,000.00 more per year, for a total Revenue of $485,049.60 annually and a net revenue of approx. $356,838.93 annually. There are presently major renovations taking place : a) New Roof, b) New paving of Parking lot, c) Interior renovations bringing the Building up to 1995 Canada Construction codes Revenues :- -From Rents $391,384.32 -Recovery of Non-Residential taxes $45,297.00 TotalRevenues $461,049.60*. Expenses :- -Taxes $64,710.67 -Insurance 6,500.00 -Electricity 20,000.00 -Snow Removal 3,000.00 -Concierge 12,000.00 -Administration 12,000.00 -Misc. Exp. 10,000.00 TotalExpenses:- ($128,210.67) Net Profit Before Taxes $332,838.93