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Land For Sale at 00 GALETTA SIDE ROAD in Fitzroy Harbour, Ontario

4 Sale ID #154528
Updated 02 May 2024

Asking Price

$1,000,000

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

Welcome to 00 Galetta Side Road! This prime vacant land, zoned RU, offers a world of possibilities and represents an excellent long-term investment opportunity. Picture yourself building your dream home on this mostly flat terrain with partial clearing, providing privacy and easy access to Fitzroy Harbour's amenities, and a short commute to Kanata. Or, envision the potential for various commercial ventures, drawing inspiration from nearby comparable properties. From charming equestrian facilities that have become local landmarks, to thriving diversified on-farm enterprises that have redefined the area's agricultural landscape. Seize this incredible opportunity to shape your vision and unlock the full potential of this exceptional property for both residential aspirations and exciting ventures! (id:39198)

  • MLS® : #1354177
  • Date Listed : 31 Jul 2023

Location

Province

Ontario

City

Fitzroy Harbour

Address

00 Galetta Side Road

Postal Code

K0A1X0

Location Highlights

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Listed by

RE/MAX HALLMARK REALTY GROUP 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

$1,000,000

Asking Price

$1,000,000

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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