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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,280,000
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
This Amazing Property is now being offered for Sale. The Sellers have created a private spot with 1.79 Acres of land in Azilda, and yet minutes to Azilda amenities and 15-20 minutes to all Sudbury Amenities. If you are looking for a home for yourself and maybe another home for a family member, Plus a massive garage for your hobbies or toys or small business, then this might be the right fit for you. The Main Features include: #1. Primary Home is a 1537 sq. ft. Bungalow built in 2007 (New roof 2023), with 3074 sq. ft. of finished living space, 2 + 1 Bedrooms + Den that could be fourth bedroom, 3 full bathrooms including gorgeous primary ensuite, an Open concept Kitchen, Living Room and Dining Room with Door to your Back yard deck and Gazebo, Main floor laundry, Rec room and Games room in basement, Storage Garage that leads to Mud room and plenty of covered decking around side and front of home. #2. Legal Secondary Home was built in 2011 and offers 1294 sq. ft. of finished living space with a Beautiful Open concept layout for kitchen/living room/dining room and patio doors to outside deck, 2 bedrooms, 4 pc. cheater Ensuite, laundry area, covered front deck area, and also includes an RV plug outside. Separate Hydro,Gas & Septic for this secondary home. #3. Your Massive Garage which was fully completed in 2014 offers 5 or more parking areas for vehicle's, 4 garage doors, large workshop area, loft/studio area for your small business or hobbies, tons of storage areas, 2 gas furnaces, 1 A/C, concrete floors on main level, Hemlock Wood exterior, and is linked to main home for hydro. This garage offers over 2700 sq. ft. There are two septic systems, one for each home. The water is sand point. Natural Gas forced Air heat with in-floor heating in homes as well. Central Air in both homes. If this sounds like the right fit then call your Realtor® today for a viewing. Close to Whitewater Lake, Casino, Basic Amenities, trails, and waiting for a new family. Just move right in! (id:39198)
Location
Province
Ontario
City
Azilda
Address
619 Bonin Street
Postal Code
P0M1B0
Location Highlights
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Listed by
NANEFF REALTY LTD, REAL ESTATE 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
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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
$1,280,000
Asking Price
$1,280,000
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)
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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