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Land For Sale at 10 FIRST ST in Orillia, Ontario

4 Sale ID #197274
Updated 01 May 2024

Asking Price

$324,000

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

Introducing 10 First Street - An Ideal Building Lot Nestled in the Sought-After Northward Neighborhood. With R2 Zoning, This Parcel Offers the Flexibility for a Single-Family Residence or the Potential for a Two or three unit Dwelling with a Detached Accessory Dwelling In The Rear Of The Yard. Municipal Water and Sewer Services Are Readily Available, Complemented by the Convenience of Hydro and Natural Gas Connections at the Lot Line. Located Near HWY 11, Public Transit, Schools, and Scenic Walking Trails, This Property Combines Accessibility With a Tranquil Setting. Embrace the Opportunity to Create Your Dream Home or Investment Property in This Prime Location. **** EXTRAS **** All outstanding development charges, building permits plans and all related costs to future development are at the expense of the buyer, in addition to the purchase price. (id:39198)

  • MLS® : #S8008084
  • Date Listed : 17 Jan 2024

Location

Province

Ontario

City

Orillia

Address

10 First St

Postal Code

L3V4A9

Location Highlights

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Listed by

RE/MAX HALLMARK YORK GROUP REALTY LTD. 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

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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

$324,000

Asking Price

$324,000

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)

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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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