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Land For Sale at 00 CHESS ROAD in Iroquois, Ontario

New
4 Sale ID #233775
Updated 05 May 2024

Asking Price

$269,900

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

9 ACRES!! Looking for a peaceful retreat? A place for family gatherings? Hunting camp? Or maybe you are looking to build your dream home....so many possibilities with this parcel of land with a bonus 1 bedroom cabin. From the moment you open the gate and drive down the tree lined lane, you will fall in love with this property. There is an abundance of mixed hard and soft wood trees. The clearing in the property holds the cute cottage, featuring kitchen, dining and living space with wood stove. The cozy loft upstairs is perfect for your overnight stay. EVERYTHING on the property is included in the sale - including the cottage furniture and generator which runs the power to the cottage. Please be aware that there is no water/sewer/hydro on the property. Come have a look at this lovely property and you will be impressed. (id:39198)

  • MLS® : #1389840
  • Date Listed : 02 May 2024

Location

Province

Ontario

City

Iroquois

Address

00 Chess Road

Postal Code

K0E1H0

Location Highlights

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Listed by

COLDWELL BANKER COBURN REALTY 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

$269,900

Asking Price

$269,900

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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