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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$379,000
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
This beautiful building lot in Tay Township is the perfect spot to build your dream home. The lot is approximately 152.36 feet frontage x 218.17 feet deep (.76 ACRES) and is flat and dry. The lot has been cleared and has a driveway and culvert in place. This is a quiet and peaceful location surrounded by farmland and forest. Just minutes away from Georgian Bay and a very short drive to all amenities including schools, parks, restaurants and shopping. Easy access to the highway, close to ski hills, snow mobile trail, hiking & walking trails, marinas and golf courses. Come and take a look at this excellent location for yourself. Severance of vacant lot has been approved by Tay Township upon several conditions being met by the Seller. Seller may consider a Vendor Take Back Mortgage at a rate of 5% on approved credit. (id:39198)
Location
Province
Ontario
City
Victoria Harbour
Address
0 Newton Street
Postal Code
L0K2A0
Location Highlights
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Listed by
RE/MAX Georgian Bay Realty Ltd., Brokerage (King St) 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
$379,000
Asking Price
$379,000
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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