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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,999
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
Prime Building Lot in the Heart of Kemptville .Permitted Units: 2, 3, 4, or 6 with.Government Incentives Available. Strategic Location: Situated in close proximity to the village, this lot is ideal for those seeking to invest in one of the fastest growing communities in Eastern Ontario.Zoning Flexibility: With R3 zoning, the property is poised for residential development, offering the potential for two, three, four, or six units. This flexibility caters to a range of investment and lifestyle needs.Government Incentives: Seize the opportunity to benefit from government incentives designed to support and encourage growth in the housing sector. Maximize your returns while contributing to the expanding rental market Builder Collaboration: The vendor, who is also an experienced builder, is can build to suit. Investment Potential:The growing demand in the rental market coupled with government incentives makes this property a strategic investment. (id:39198)
Location
Province
Ontario
City
Kemptville
Address
117 Oxford Street E
Postal Code
K0G1J0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
$249,999
Asking Price
$249,999
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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