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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
Character & Charm resonate throughout this Circa 1891 former Church that has been masterfully designed into a 3 bedroom, 1.5 bathroom home in the picturesque Hamlet of York overlooking the Grand River situated on 3.58 acre lot. Incredible curb appeal with original brick exterior, slate roof, & mature trees. The open concept, professionally designed interior offers original features throughout highlighted by stained glass windows, period specific wood accents including stunning wood ceilings & beams, belfry tower, & lighting while perfectly blending in the large eat in kitchen with custom cabinetry, oversized eat at island, s/s appliances, & herringbone wood countertops with epoxy coated finish, spacious MF family room, dining area, welcoming foyer, 2 MF bedrooms, new 3 pc bathroom with walk in shower, & desired MF laundry. The partially finished basement features 3rd bedroom, 2 pc bathroom, rec room area, & ample storage. Costly updates since 2021 include all new HVAC, n/gas furnace, spray foam insulation, wiring, plumbing, framing, drywall, & more! Conveniently located minutes to Caledonia, Cayuga, & easy access to amenities. Contact Listing agent in regards to the Cemetery currently operating on a portion of the property & the possible severance that has been started. The Sellers are willing to continue to operate and maintain the operations of the Cemetery. A Truly Irreplaceable property, home, & Opportunity. (id:39198)
Location
Province
Ontario
City
York
Address
3 Nelles Street E
Postal Code
N0A1R0
Location Highlights
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Listed by
RE/MAX Escarpment Realty Inc. 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
2,226
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
$799,900
Asking Price
$799,900
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)
2,226
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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