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Hospitality Property For Sale at 1113 MOON RIVER Road in Bala, Ontario

4 Sale ID #219311
Updated 28 Apr 2024

Asking Price

$3,200,000

Cap Rate help 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.

N/A

Lot Size

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Building Size

N/A

Premise Summary

Rare opportunity to own a versatile piece of property in the heart of Muskoka, less than two hours from the GTA! Perfect for a personal retreat, family compound, and/or small business opportunity! Zoning allows for many possibilities. Escape to the serene shores of Moon River! Currently being run as a seasonal, family-run cabin rental business, this has been a cherished retreat since 1947. Nestled on a sprawling 200' waterfront property, this offering is comprised of an original farmhouse, 4 cozy rental cabins, and a 22' x 24' two-car garage. Enjoy the spacious, level 1.7-acre lot with a pristine natural sand beach and breathtaking south-facing views. The 200' of prime water frontage on the Moon River provides a private and picturesque setting to enjoy boating, swimming, and relaxing on the sandy beach. Boasting an impressive 8 km of boating right from your doorstep, water enthusiasts will find endless exploration opportunities, and the Town of Bala is only minutes away by boat or car, allowing convenient access to shops, restaurants, and attractions. Don't miss out on this chance to own a very unique piece of property - one that rarely comes to market - in Muskoka! (id:39198)

  • MLS® : #40560634
  • Date Listed : 27 Mar 2024

Location

Province

Ontario

City

Bala

Address

1113 Moon River Road

Postal Code

P0C1A0

Location Highlights

N/A

Listed by

Johnston & Daniel Rushbrooke Realty, Brokerage, Bala Ontario listing

Category

hospitality-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,440

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,200,000

Asking Price

$3,200,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,440

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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