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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$948,000
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 18 Ludlow, Situated In The Family Friendly Community Of Southeast Barrie. Enjoy Over 3,000 Sqft Of Living Space! This Meticulously Maintained Legal Duplex Offers A Unique Opportunity For A Variety Of Buyers Who May Be Looking For A Primary Residence With A Rental Income, A Multi-Generational Home Or An Addition To Your Real Estate Portfolio, The Options Are Yours! Built In 2024, The Home Features Modern Appliances, Furnace Equipped W/ Humidifier, Along With Quality Builder Finishes Through-Out. Upgraded To A Fully Finished Basement (W/ Almost 9ft Of Ceiling Height), Providing You An Extra Bedroom And More Living Space For Your Growing Family. Convenience? A5 Minute Drive Is All It Takes To Arrive At Your Local Essentials: Grocery Stores/Restaurants, GO Station, Schools & Golf Course. This Is A Rare Move-In Ready Home With An Exceptional Opportunity To Settle Into Barrie's Fastest Growing Community. (id:39198)
Location
Province
Ontario
City
Barrie
Address
Ludlow
Postal Code
L9J0L8
Location Highlights
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Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. 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
0
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
$948,000
Asking Price
$948,000
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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