Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,300,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
For additional information, please click on Brochure button below. Lake Rosseau, Muskoka waterfront lot. The property is flat and level, South West facing with all day sun and sunsets. There is also a rock point that is flat and level and shaped like a half moon. It has a shallow sandy shoreline that gets gradually deeper, ideal for kids & swimmers. The property is located in a large bay that protects you from wind, waves, crazy boat traffic and spring breakup ice flows. It's a nice peaceful, quiet bay, good for swimming. Across the road from the property is a hill of 100 + feet, giving you a view of forest out the back (roadside). The hill protects you from cold North winds and bad weather. The Lot is located on prestigious, exclusive Royal Muskoka Island (car access/causeway). The Island residents have an association that owns the interior land of the Island (32 acres). They have tennis courts, pickleball courts, shuffleboard, baseball backstop, basketball half court, soccer field, gazebo, picnic tables, bbq, walking trails, storage buildings and more which is a 5 minute walk from the property. Near the end of a dead end road, very little car traffic, just neighbours, 20k speed limit. The property is serviced by a municipal road that is very well maintained summer or winter. Bell is installing fiber optic cable in 2023, for the fastest internet available anywhere and great media. You will not find another lot/cottage for sale on Lake Rosseau that is flat and level, South-west facing with a rock point! (id:39198)
Location
Province
Ontario
City
Minett
Address
1054 Fair Lee Park Road
Postal Code
P0B1G0
Location Highlights
N/A
Listed by
Easy List Realty Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$2,300,000
Asking Price
$2,300,000
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.
N/A
NOI
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
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)
N/A
EBITDA
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
