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Land For Sale at 0 STORMS RD in Stirling rawdon, Ontario

4 Sale ID #162699
Updated 02 May 2024

Asking Price

$275,000

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.

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Lot Size

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Building Size

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Premise Summary

This property offers the best of both worlds with extreme privacy on 13.8 well treed acres and over 800 ft waterfront on Moira River. Seasonal deeded access off Storms Rd leads you to a winding private driveway up to a cleared area along the river. 1 yr old 18x12 wood sided Bunkie is a little piece of heaven, with solar system for lights, a deck with gazebo, and comes ready to use with a Unique propane stove, woodstove, grey water system and all contents included. Campfire area also features a screened gazebo for late night story time! Short path leads you down to a screened gazebo at water's edge. Sit back and listen to the hum of the rapids, or swim and fish in the deeper part of river. 2 lots being sold together so 2 PINs and 2 Roll numbers allows you to keep the lots together or sell one of them. Would make a great writer's or artist's retreat or use as a getaway from the hustle and bustle of every day life. Limited Services Residential zoning allows for a seasonal dwelling. **** EXTRAS **** Property sold in AS IS condition. (id:39198)

  • MLS® : #X6720694
  • Date Listed : 04 Aug 2023

Location

Province

Ontario

City

Stirling rawdon

Address

0 Storms Rd

Postal Code

K0K3E0

Location Highlights

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Listed by

CENTURY 21 LANTHORN REAL ESTATE LTD. Ontario listing

Category

land

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 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

$275,000

Asking Price

$275,000

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.

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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

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Support and Training

Not Included

Growth and Expansion

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Market Competition

N/A


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