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Apartment Building For Sale at 1457 97 REGIONAL Road in Flamborough, Ontario

4 Sale ID #62852
Updated 29 Apr 2024

Asking Price

$4,900,000

Cap Rate help 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

N/A

Premise Summary

This Early Upper Canada family farmstead is older than Confederation and will stimulate your curiosity about the past. This very RARE property was originally granted in the late 18th century and is 183 acres with much to discover. Four Century Buildings include a stone house, a massive barn, a converted farmhouse and a second partial stone residence. Over 7800 square feet of residential living space and over 100 acres of workable and rentable land provide a significant income level for a resident or non-resident owner. Traversed by an ample creek and a large pond, the property features a maple bush, cedar stand, sweet voluminous well water, interesting hand-hewn exposed wood and stone building materials and so much more. As an income investment or a private multi-generational family estate, this is truly a unique opportunity for the right buyer. Is Peppermint Creek Farm your next homestead? Book an appointment for a private showing to know for sure -- don't wait to make your own history! (id:39198)

  • MLS® : #H4133404
  • Date Listed : 28 Apr 2022

Location

Province

Ontario

City

Flamborough

Address

1457 97 Regional Road

Postal Code

L9H5E3

Location Highlights

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Listed by

RE/MAX Escarpment Realty Inc. Ontario listing

Category

apartment-buildings

Property Information

Premise Status

N/A

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

7,800

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$4,900,000

Asking Price

$4,900,000

Cap Rate help 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.

N/A

NOI help 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 help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

7,800

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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