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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$689,900
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
An investment opportunity to be two dwellings! Two owned hot water heaters. Large foyer is ""common area"" entries to lower level & main level. Main living space 3 bedrms, primary has 3pc ensuite & walkin closet. Kitchen-quartz countertops, huge patio door to covered 16x12 deck! Lower level has kitchen/dining combo, two bedrms, 4pc bath, laundry closet & family area with patio doors to its own patio area. Newly built home in sought after school district! No Backyard Neighbours! Great family home with multi generational family option or in-law suite! Stairs to be completed on back decks & lawn seeded before closing. Owner's extras are unseen! Lower level with sonopanx soundproofing, 8 ft ceilings, 1.5"" isoboard with concrete on top, walls with isoboard & insulation, garage also isoboard & insulation ALL walls, laneway is 24 wide and solar panel hook up is mounted (potential no gas bill) 30% referral fee pd to listing Brokerage should Buyer be introduced to property by the listing Agent. (id:39198)
Location
Province
Ontario
City
Chatham
Address
118 Cabot Trail
Postal Code
N7L0G5
Location Highlights
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Listed by
REALTY HOUSE INC. Brokerage 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
0
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
$689,900
Asking Price
$689,900
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)
0
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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