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Benefits
Asking Price
$7,000,000
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
Peacefully located on the shores of Lower Buckhorn Lake, awaits an unmatched opportunity to re-image this four-season lakeside paradise. Lovingly owned and operated by the same family for 32 years. This property includes a 6.41-acre resort parcel with 910 feet of water frontage and a 48.21-acre parcel with trails. The resort embraces the surrounding natural elements and offers an abundance of complimentary outdoor recreation activities to its guests with its manicured grounds, pine forests and granite outcroppings. Uniquely offering a 20,000 sq ft Viceroy building, four bedroom, two-storey chalet and a private residence. Additionally there is a 2,600 sq ft garage and maintenance building and two 400 sq ft utility buildings. Step inside the Main Lodge, where the welcoming lobby offers comfortable seating around a cozy fireplace. Features include 32 guest rooms, two meeting rooms, a 96-seat dining room with lake views, and a 70-seat lakeside lounge, with an adjacent outdoor deck, a floor-to-ceiling fireplace and an oak dance floor. Four additional suites are located in a nearby Chalet which was built in 1997 and offers a private lakeside setting that is just 200 feet from the Main Lodge. Chalet suites offer a private deck or balcony with beautiful lake views. Amenities abound, from a sandy beach, pitch & putt, horseshoe pit, and boat launch ramp to docks accommodating up to 40-foot boats. Enjoy natural trails for hiking, snowshoeing, and cross-country skiing. Close to Buckhorn, which is a charming Trent-Severn Waterway Trail Town community located at Lock 31 in the heart of the Kawarthas. The region plays host to over 160 km of groomed snowmobile trails, hiking and cross-country trails, as well as to nearby amenities, including shops, restaurants and local attractions. Just 34 kilometres north of Peterborough, this is a unique investment. (id:39198)
Location
Province
Ontario
City
Buckhorn
Address
37 Fire Route 21
Postal Code
K0L1J0
Location Highlights
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Listed by
Sotheby's International Realty Canada, Brokerage, Port Carling 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
28,960
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
$7,000,000
Asking Price
$7,000,000
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)
28,960
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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