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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$989,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Located Just Steps From Beach Area 1 And The Sandy Shores Of Georgian Bay, This Turnkey Legal Duplex, Built In 2017 Features A Vacant 2 Bedroom, 2 Bathroom Main Level Unit, Along With A Spacious 3 Bedroom, 2 Bathroom Upper Unit. Each Offer Primary Suites With Ensuite Baths, Stainless Steel Appliances, Generous Eat-In Kitchen And Living Areas Leading To A Private Balcony Or Patio. Individual In-Suite Laundry Facilities And Private Entrances. With Separate A/C, Gas And Hydro Meters, Efficiency Is Ensured. Additionally, Both Units Have Their Own Garage With Inside Entry And Backyard Access, Perfect For Enjoying The Outdoors. Conveniently Located Close To Shopping, Restaurants, Schools, Beaches And More. This Property Is Ideal For Multi Family Living, Or Adding To Your Investment Portfolio With Either Annual Leasing Or Short Term Rentals. Don't Let This Amazing Opportunity Pass You By! (id:39198)
Location
Province
Ontario
City
Wasaga Beach
Address
10 Elm Drive
Postal Code
L9Z2L3
Location Highlights
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Listed by
Keller Williams Co-Elevation Realty, Brokerage (Midland) Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
3,060
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$989,900
Asking Price
$989,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
3,060
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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