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Land For Sale at 117 OXFORD STREET E in Kemptville, Ontario

4 Sale ID #184065
Updated 27 Apr 2024

Asking Price

$249,999

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

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)

  • MLS® : #1370235
  • Date Listed : 27 Nov 2023

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

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

$249,999

Asking Price

$249,999

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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