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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,000
Cap Rate
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
Welcome to this exceptional piece of vacant land in the heart of Aurora! Situated on a generous lot, this property is fully approved by vendor to create the custom home of your dreams. With endless opportunities beckoning, let your imagination run wild as you envision the possibilities of a luxurious & spacious 3950 ft above grade residence. Located within a highly sought-after neighbourhood, this parcel offers the perfect blend of convenience and tranquility. Enjoy the convenience of being walking distance to shopping, dining, entertainment, and major transportation routes, while still savouring the peacefulness that this exclusive community provides. The property boasts meticulous planning and all necessary approvals in place, which means you can embark on your dream home project immediately with peace of mind. Don't miss out on the chance to create your own masterpiece and unlock the potential to make your vision a reality! Information package that includes; **** EXTRAS **** Original Survey, LSRCA Demo Permit, LSRCA 103 Permit To Build, Road Occupancy permit. Preliminary Zoning Clearance, Architectural drawings, Foundation Stamped Engineering, 1st&2nd Flr Stamped Engineering, Full Stamped Grading plan. (id:39198)
Location
Province
Ontario
City
Aurora
Address
103 Gurnett St
Postal Code
L4G1P5
Location Highlights
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Listed by
RE/MAX HALLMARK POLSINELLO GROUP REALTY Ontario listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$849,000
Asking Price
$849,000
Cap Rate
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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NOI
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
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
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
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Market Competition
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