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Land For Sale at 0 PINE LAKE in Loring, Ontario

4 Sale ID #175177
Updated 05 May 2024

Asking Price

$240,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

This property has a lot to offer. Beautiful 1.4 acre property with 180 feet of waterfront and adjoining Crown Land on two sides; overlooking Crown Land across the lake. Access to the property is by boat (3km) or possibility of getting to property by ATV or snowmobile across Crown Land. There is a hydro transformer (#2683) situated 40 meters away (unsure of capacity). This property is ready for you to build a cabin or cottage and then set off to explore thousands of acres of adjoining Crown Land. Ask about the details and advantages of building in an Unorganized Township. (id:39198)

  • MLS® : #40505652
  • Date Listed : 25 Oct 2023

Location

Province

Ontario

City

Loring

Address

0 Pine Lake

Postal Code

P0H1S0

Location Highlights

N/A

Listed by

Re/Max Parry Sound Muskoka Realty Ltd., Brokerage, Port Loring Ontario listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$240,000

Asking Price

$240,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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