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Land For Sale at 11085 Trans Canada Highway in Stratford, Prince Edward Island

4 Sale ID #65539
Updated 02 May 2024

Asking Price

$469,000

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

One of a Kind 5 Acre plus property ,sitting high on a Hill overlooking Soccer Fields & with a Distant Waterview of Charlottetown, located in PEI's Fastest growing Town of Stratford. Within 3 mins of Shopping, Schools, Fox Meadows Golf Course, Town Hall & Recreation facility, Beautiful Southshore Beaches, Churches, Pharmacies & Restaurants. Only 5 Mins to Capitol City of Charlottetown & 10 mins to Airport. A Perfect place to build your Dream Home with many options in regards to a small mini Horse farm or just your "Mansion on the Hill". Ideal Lot for a walk-out on Lower level. Municipal water available. Entrance to property is a legal shared driveway off the Trans Canada Highway. Lot is HST Exempt !!! (id:39198)

  • MLS® : #202206786
  • Date Listed : 08 Apr 2022

Location

Province

Prince Edward Island

City

Stratford

Address

11085 Trans Canada Highway

Postal Code

C1B2V5

Location Highlights

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Listed by

CONFEDERATION REALTY Prince Edward Island 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

$469,000

Asking Price

$469,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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