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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,699,999
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
Turnkey & private! A fully updated luxurious residence boasting 6 bedrooms and 5.5 bathrooms spread across 3 levels of meticulous design and with 7+ park-like acres. The property showcases expansive decks, including 1 covered upper deck and 2 lower covered decks. As one enters, a spacious foyer awaits, accompanied by ample storage closets, a laundry room, and a powder room discreetly placed to the side. The custom kitchen embraces an open concept, complete with a pantry and a walkout to the deck, as well as a convenient entrance to the garage. The well-appointed main bedrooms are spacious and each have ensuite baths. The main floor encompasses a generously-sized living room with a propane fireplace and a walkout to a deck, adjacent to a spacious den/office, a dining room, and a charming brightly-lit Muskoka room that can be enjoyed all year round. The lower level is comprised of a recreation room, a hobby room, a utility room, wine storage with storage space, a 2-bedroom apartment complete with its own laundry room, a separate entrance, and a walkout to a private covered patio. The double oversized attached garage is insulated and equipped with a work bench area, conveniently heated with an outdoor wood furnace. Additional features on the property include a separate sauna building and a small garage dedicated for storage. The aesthetically pleasing landscaping, filled with an assortment of beautiful gardens, and a nice mix of tree varieties completes the picture of very lovely property. To supplement your income continue to operate as a B&B and rent the 2 bedroom apartment or enjoy as an estate sized home. Potential for further development. Conveniently located minutes from the charming village of Dorset and minutes to Lake of Bays beaches, boat launches, recreation trails, parks, shops, restaurants, and essential amenities. (id:39198)
Location
Province
Ontario
City
Dorset
Address
4945 Muskoka 117 Road
Postal Code
P0A1E0
Location Highlights
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Listed by
Re/Max All-Stars Realty Inc., Brokerage, Dwight 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
4,527
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
$1,699,999
Asking Price
$1,699,999
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)
4,527
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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