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Land For Sale at 1010 BRACKENRIG Road in Port Carling, Ontario

4 Sale ID #196741
Updated 03 May 2024

Asking Price

$1,698,888

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

Within 2 hours north of Toronto, you can enjoy a private beach overlooking Brandy Lake with almost 400 Ft. of shoreline & almost 400 Ft. of Highway frontage on over 7 acres of prime vacant land. The opportunities are vast with the WC1A1 zoning on the front lot and WC1B zoning for the back lot. A great opportunity to own this beautiful prime piece of real estate directly in the middle of Muskoka’s most Prestigious Lakes. Within a short distance of several PGA-rated golf courses, luxury spas, provincial parks & A-list celebrity hotspots. Muskoka is a peaceful haven that offers a chance to escape from the bustling city life, relax, switch off and explore Ontario’s stunning scenery. hydro/phone services, drilled well & x2 Septic. (id:39198)

  • MLS® : #40514392
  • Date Listed : 17 Jan 2024

Location

Province

Ontario

City

Port Carling

Address

1010 Brackenrig Road

Postal Code

P0B1J0

Location Highlights

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Listed by

EXP 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

$1,698,888

Asking Price

$1,698,888

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

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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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