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Land For Sale at 00 LOWER SPRUCE HEDGE ROAD in Burnstown, Ontario

4 Sale ID #154883
Updated 01 May 2024

Asking Price

$9,500,000

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

DRAFT PLAN SUBMITTED FOR APPROVAL ! A unique and incredible opportunity to own a stunning waterfront development on 48 acres of pristine land, located along the banks of the Madawaska River. This ONCE IN A LIFETIME offering includes up to a max of 25 lots ! The road way is complete to spec and is 20m wide! This exceptional development boasts 5000 ft of waterfrontage, where residents can enjoy endless boating, fishing, swimming, and outdoor recreational activities. This sought-after property offers the ideal balance of privacy, tranquility, and accessibility, with easy access to local amenities such as golf courses, restaurants, and shopping, as well as a short 45 minute drive to Ottawa. This is a RARE opportunity to own a piece of paradise in one of the most stunning natural environments in Canada. Whether you are seeking a peaceful rural retreat, or a dynamic waterfront community, this breathtaking development has it all. (id:39198)

  • MLS® : #1347925
  • Date Listed : 19 Jun 2023

Location

Province

Ontario

City

Burnstown

Address

00 Lower Spruce Hedge Road

Postal Code

K0J1G0

Location Highlights

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Listed by

ROYAL LEPAGE TEAM 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

$9,500,000

Asking Price

$9,500,000

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

N/A

Market Competition

N/A


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