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Land For Sale at 00 11TH LINE in East Garafraxa, Ontario

4 Sale ID #217901
Updated 06 May 2024

Asking Price

$2,300,000

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

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Building Size

N/A

Premise Summary

Large 83 Acre Parcel of Vacant Land with Approximately 48 Acres of Workable Land. Includes Woods and a Stream with Butler Creek Flowing Through. Perfect Storybook Setting for Your Dream Home with the Opportunity to Continue to Have Working Farmland. There is some tile draining in the fields. Build your own dream farm or contract the land to a farmer and watch your investment grow. Conveniently located West of Trafalgar Rd. Near Belwood Lake Between Orangeville & Fergus. ""They're not making more land.' **** EXTRAS **** Portion of the property protected by GRCA and Hydro Corridor at the rear of the property. Buyer responsible for any due diligence regarding building permits. Please do not walk the farmland as there is a crop planted. (id:39198)

  • MLS® : #X8164788
  • Date Listed : 22 Mar 2024

Location

Province

Ontario

City

East Garafraxa

Address

00 11th Line

Postal Code

L9W7A6

Location Highlights

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Listed by

ROYAL LEPAGE MEADOWTOWNE REALTY 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

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Renewal Options

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Operational Information

Number of Working Owners

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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

$2,300,000

Asking Price

$2,300,000

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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