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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$265,000
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
Discover the perfect canvas for your dream home on this exceptional residential building lot in Limoges. Boasting just under 1 acre of prime land, this property has already been cleared and is ready for your construction plans. In 2022, a newly drilled shallow well was installed, ensuring a reliable water source for your future home. Additionally, professional culvert installation and property entrance construction were completed, adding convenience and value to this already exceptional lot. Located just minutes from the 417, this property offers easy access to Ottawa, with a commute of only 30 minutes to downtown. Enjoy the nearby attractions, including the renowned Calypso Water Park, and the convenience of being only 10 minutes away from both Embrun and Casselman. With quick possession available, seize this opportunity to build your ideal home in a prime location. (id:39198)
Location
Province
Ontario
City
Limoges
Address
1504 Calypso Road
Postal Code
K0A2M0
Location Highlights
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Listed by
RE/MAX DELTA 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
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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
$265,000
Asking Price
$265,000
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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