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Land For Sale at 0 SHANVAL LANE in Marmora And Lake, Ontario

4 Sale ID #169054
Updated 28 Apr 2024

Asking Price

$259,900

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.

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Lot Size

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Building Size

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Premise Summary

This one-of-a-kind lot is being offered for sale for the first time ever. The spacious 4.443 acre lot is located just minutes north of the village of Marmora on Highway 7 and is situated on Beaver Creek with boating access to beautiful Crowe Lake. This level lot has mature trees, an amazing shoreline for swimming with a cove, boasting a prize fishing hole. A picturesque set of rapids just above the property restricts excess boat traffic. A 10-15 minute boat ride to Crowe River and Crowe Lake offers an intimate view of the wildlife both on land and water. A private deeded right of way services several lots. Hydro is available, one lot from the subject property and runs along a municipal road allowance. **** EXTRAS **** Shanval Lane 911# is 800 just before 894 Cordova Road. (id:39198)

  • MLS® : #X7203368
  • Date Listed : 10 Oct 2023

Location

Province

Ontario

City

Marmora And Lake

Address

0 Shanval Lane

Postal Code

K0K2M0

Location Highlights

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Listed by

ROYAL LEPAGE PROALLIANCE REALTY Ontario listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

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 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

$259,900

Asking Price

$259,900

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.

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Gross Revenue- annual

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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)

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

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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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