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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,000
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
Are you looking to increase and build your real estate portfolio? Look no further! Welcome to 293 Matchedash Street North, in a highly sought after neighbourhood of Orillia. This charming two-storey triplex is a great investment opportunity. The property has parking for 4 cars. NEW hot water tank (DEC 2023). Don't miss out on a great opportunity located in the North end and one of the most desirable areas in Orillia. Close proximity to shopping, schools, parks, downtown, restaurants, and easy access to highways 11 and 12. (id:39198)
Location
Province
Ontario
City
Orillia
Address
293 Matchedash Street N
Postal Code
L3V4W1
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE REALTY 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
1,900
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
$649,000
Asking Price
$649,000
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)
1,900
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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