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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,000
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
Discover the perfect canvas for your dream home, cottage, or simply a recreational retreat with this spectacular vacant corner lot nestled in nature. Immerse yourself in the serenity of nearby lakes, trails and community farms. Located just a short drive from the breathtaking Georgian Bay waterfront, this lot is nearly two acres of buildable land with convenient hydro access at the road. Near the quaint yet flourishing town of Parry Sound this prime piece of land is a haven for those who seek tranquility and outdoor adventure. Witness stunning sunsets over the bay and explore Georgian Bay's countless islands that make this region truly magical. For boat enthusiasts, the convenience of a nearby marina and boat storage adds an extra layer of appeal. Permitted to have driveway entrance on either Burnetts or Hurdville road, the choice is yours. Escape the hustle and bustle as you retreat home on a quiet dead-end road, this vacant lot is an opportunity to turn your vision into reality. **** EXTRAS **** Note ""Part2"" Is The Lot For Sale In The Attached Land Survey. Property tax TBD, not yet assessed (newly severed) (id:39198)
Location
Province
Ontario
City
Mckellar
Address
0 Burnetts Rd
Postal Code
P2A0B5
Location Highlights
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Listed by
RE/MAX HALLMARK CHAY REALTY 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
$149,000
Asking Price
$149,000
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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