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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,071,976
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
Introducing the newest DUPLEX model in the sought-after Southampton Landing development. This Sherbrooke model, a charming two-story structure, will consist of two distinct units, each with its own private entrance, separate services, and individual garages. The primary level suite spans 1,477 square feet and comprises two bedrooms and one bathroom. On the second level, you'll find a more spacious suite spanning 1,685 square feet with three bedrooms and two full bathrooms. This project is in collaboration with the exclusive builder, Alair Homes, known for their dedication to tailoring homes to match the unique preferences of each buyer. Southampton Landing is renowned for its well-crafted custom homes, nestled within a community boasting open spaces, preserved natural areas, and scenic trails. If this floor plan doesn't align with your vision, no worries. You have the flexibility to select from our array of house plans or even bring your own. Alair Homes is committed to working closely with you to realize your dream home and meticulously oversee your project. You have the freedom to choose your lot from our array of standard and premium options. This Lot is a rectangular lot adorned with mature trees at the rear. Southampton Landing is a community that caters to individuals of all ages. Situated along the stunning Lake Huron shoreline, it encourages an active lifestyle with an array of walking and biking trails, beautiful beaches, a marina, tennis club, and excellent fishing spots. Additionally, the area offers convenient access to various amenities, including shops, dining establishments, an art center, a museum, and a thriving business sector. For those with healthcare and education needs, there are nearby hospitals and schools. Architectural Control & Design Guidelines are in place to enhance the overall appeal and quality of life in Southampton Landing. Buyers are encouraged to inquire about the HST rebate application. (id:39198)
Location
Province
Ontario
City
Saugeen Shores
Address
19 Marshall Place Unit# Lot 56
Postal Code
N0H2L0
Location Highlights
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Listed by
RE/MAX LAND EXCHANGE LTD Brokerage (PE) 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
3,162
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
$1,071,976
Asking Price
$1,071,976
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)
3,162
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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