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Benefits
Asking Price
$1,299,000
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
Compare this price to New Build with these upgrades already included: Premium Lot Backing onto green space in Huron Park. A deeper lot than most yards. 9-foot Ceilings on all 3 levels. Cold Room, Side Entrance and fully finished basement with two bedrooms, kitchen and bathroom with shower! Come and see how this home can work for multi-generational living or as a legal mortgage helper. Enter through the inviting foyer, a prelude to the grandeur that awaits within. Behold the seamless flow of the open-concept main floor, where every detail has been meticulously crafted to cater to the needs of your family and guests alike. The heart of the home, the kitchen, boasts a magnificent island, serving as the focal point for culinary delights and lively gatherings. Ascend the staircase to discover a haven of tranquility on the upper level, featuring Four generously proportioned bedrooms and Three Bathrooms (Two are Ensuites). Among them, the primary suite reigns supreme, offering an opulent retreat complete with an indulgent ensuite bathroom and an expansive closet space, ensuring both luxury and functionality. Descend into the lower level and be captivated by the versatility it offers. A fully equipped basement unit (LEGAL DUPLEX) awaits, boasting two additional bedrooms, a well-appointed kitchen, and a separate side entrance, providing privacy and independence for extended family members or guests. Prepare to be enchanted as this home exceeds expectations at every turn, promising to leave you in awe with its unparalleled blend of sophistication and comfort. Welcome to a residence where every detail whispers luxury and every corner radiates warmth—a home that truly embodies the art of gracious living. Surrounded by park and walking trails. Close drive to 401 and all amenities. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
65 Scots Pine Trail Trail
Postal Code
N2R1R7
Location Highlights
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Listed by
KELLER WILLIAMS INNOVATION 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
3,490
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
$1,299,000
Asking Price
$1,299,000
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)
3,490
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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