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Land For Sale at 0000 RIDDELL LANE in Lanark Highlands, Ontario

4 Sale ID #184952
Updated 06 May 2024

Asking Price

$189,000

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

Rare opportunity to own an amazing 85 foot " WATERFRONT" lot - only 45 minutes to Ottawa/ Kanata. Located in a very private & serene area on the River Channel between Clayton & Taylor Lake with stunning, priceless views - what exceptional value! Clayton Village has much to offer-did you forget to pick something up at the grocery store? No problem - a fantastic general store is only minutes away for all your meals, BBQ FOOD, snacks & items, including LCBO; beer store, gas, post office & more! Clayton Village also boasts a Recreational Centre, Churches and is only 20 minutes to Almonte & Carleton Place & 30 minutes to beautiful, historic Perth. This ideally situated waterfront lot encapsulates peaceful, easy living in this quaint, friendly country setting. Don't miss out on this lot - the ideal backdrop to making some great new memories for your family & friends in your getaway! Rarely do these waterfront lots come up for sale in such a great location! 24 hour irrevocable on all offers. (id:39198)

  • MLS® : #1370593
  • Date Listed : 30 Nov 2023

Location

Province

Ontario

City

Lanark Highlands

Address

0000 Riddell Lane

Postal Code

K0A1P0

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

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Financial Information

Yearly Rate

$189,000

Asking Price

$189,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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