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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,359,000
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
Welcome To 'Hawkstone Manor' In Old Charm Historical Hawkestone, Oro-Medonte. First Time Offer For Sale After Completing A Full Preservation Of This Unique Century Grand Manor Home And Fully Renovated Suites. Stunning Curb Appeal With Keystone Brick, Soaring Ceilings, Exquisite Trim Work & Superior Interior Finishes. Ensuite Laundry, Fireplace. The Building Features State Of The Art Mechanical Systems And Offers The Most In Home Comfort And Efficiencies. 7 fireplaces. Metal roof. Fully spray-foam insulation. New glazing & doors. New paved driveway. All units are separately metered for hydro & separate Water purifications systems & hot water heater per unit. New HVAC, Electrical, Fire security, well & septic systems. This 4 Storey Dwelling Has 5 Executive Suites (See Schedule For Each Floor Plan). This Is A Lifestyle Building With Exceptional Finishes Both In And Out. This Along With Manicured & Groomed Grounds Welcome The Most Discerned Investor, Occupants And Guests! **** EXTRAS **** Unlike any other 5 plex building - Huge estate manor (over 6,000 square feet) on just under an acre of property. Exceptional investment that is 'turn key', fully renovated & free form any future capital improvements. (id:39198)
Location
Province
Ontario
City
Oro medonte
Address
1614 Ridge Rd E
Postal Code
L0L1T0
Location Highlights
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Listed by
CENTURY 21 FINE LIVING REALTY INC. 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
6,000
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
$3,359,000
Asking Price
$3,359,000
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)
6,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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