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Land For Sale at 122 Glenbower Crescent in Wahnapitae, Ontario

4 Sale ID #198006
Updated 30 Apr 2024

Asking Price

$149,900

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Waterfront Lot with municipal services on the Wahnapitae River. The municipal address has already been deemed as 122 Glenbower Crescent Property has been owned by the seller for 50 years since they built a home next door at 132 Glenbower Crescent which is currently for sale. Sellers would consider a package deal for both properties. N.B. This property is in a flood plain according to Conservation Sudbury and may require considerable consultation and planning to obtain a building permit. Seller makes no representations in regards to the property and buyer to do their own due diligence in regards to the property's viability to obtain a building permit. (id:39198)

  • MLS® : #2114898
  • Date Listed : 22 Jan 2024

Location

Province

Ontario

City

Wahnapitae

Address

122 Glenbower Crescent

Postal Code

P0M3C0

Location Highlights

N/A

Listed by

ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (SOUTH END) Ontario listing

Category

land

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 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

$149,900

Asking Price

$149,900

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help 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


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