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Land For Sale at 0 SOUTH RIVER RD in Centre Wellington, Ontario

4 Sale ID #181532
Updated 07 May 2024

Asking Price

$779,000

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

Two remaining separate fantastic mature treed lots on the prestigious South River Road. Steps to the popular Trestle Bridge Trail for hiking between Elora & Fergus. Only 5 mins to downtown Elora, Elora Mill, Grand River Raceway and the Elora Gorge Conservation. Build your dream home! The rolling landscape allows for walk-out lower levels. (List Price is per lot) **** EXTRAS **** Lot 433 (SOLD), 437 and 441 ($779,000 per lot) (id:39198)

  • MLS® : #X7310866
  • Date Listed : 17 Nov 2023

Location

Province

Ontario

City

Centre Wellington

Address

0 South River Rd

Postal Code

N0B1S0

Location Highlights

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Listed by

ROYAL LEPAGE RCR REALTY Ontario listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

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

$779,000

Asking Price

$779,000

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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