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Land For Sale at 13243 THOMPSON ROAD in Winchester, Ontario

4 Sale ID #197624
Updated 05 May 2024

Asking Price

$4,175,000

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

Live and work at home with a unique business opportunity, all set on a sprawling 49.61-acre estate. This fullyoperational gravel pit with a Class B License has a unique license to mine above/below the water table. It has anauthorized 16.2 hectares (40 acres) for sand & gravel extraction. The pit is currently permitted to produce amaximum of 20,000 metric tonnes of aggregates annually, but could be expanded to an A-class license. This landpresents significant potential for further extraction and expansion! Furthermore, the property's value is enhancedby a residential living. This home offers 5 bds, 3 bths, and ample space for entertaining. Highlights includecathedral ceiling in the LV Rm, guest-loft, 3-cars garage, finished bsmt w/game room and radiant floor heating,geothermal heating, HRV and more. The exterior is adorned w/cultured stone and barnboard-like façade. Fullylandscaped, the ground features two man-made ponds and a hobby-barn. Don't miss out this amazing opportunity. (id:39198)

  • MLS® : #1373559
  • Date Listed : 19 Jan 2024

Location

Province

Ontario

City

Winchester

Address

13243 Thompson Road

Postal Code

K0C2K0

Location Highlights

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Listed by

KELLER WILLIAMS INTEGRITY 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

$4,175,000

Asking Price

$4,175,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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