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Benefits
Asking Price
$310,000
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
Escape the hustle and bustle of city life and embrace the tranquility of nature on this 5.4-acre (2.2ha) building lot, just a 15-minute drive from both Bracebridge and Gravenhurst. Tucked away in a serene rural setting, this property offers the perfect canvas for your dream home or retreat. Zoned RR, the property allows for the construction of two dwellings, with some size restrictions for the second building, offering endless possibilities for expansion or additional living space. Accessible via a year-round municipal road, the property is equipped with essential amenities such as school bus stops and garbage pickup, ensuring convenience without compromising on the rustic charm of the surroundings. Hydro runs along the road, providing easy access to power for your future home. A new entrance, driveway, and cleared lot offer immediate opportunities to commence construction on your new residence. For outdoor enthusiasts, the location is a paradise, with popular snowmobile and ATV trails nearby, offering access to hundreds of kilometers of scenic routes through Muskoka, Haliburton, and Huntsville. Wildlife abounds, with sightings of moose, deer, turkey, and more, making this a haven for nature lovers. Just minutes away, serene Long Lake awaits, perfect for quiet relaxation or water activities such as fishing, boating, and canoeing. Alternatively, explore Prospect Lake or the Muskoka River, both within a short drive, for even more recreational opportunities. Traverse the two trails leading into the property and discover the lush forest, a harmonious mix of soft and hardwood trees. Recent years have seen new builds on Uffington Rd., ensuring a blend of modern amenities and rustic charm in this idyllic countryside locale. Don't miss this opportunity to create your own rural retreat in the heart of Muskoka. Embrace the beauty of nature and build the life you've always dreamed of. Schedule your viewing today and unlock the potential of this extraordinary property. (id:39198)
Location
Province
Ontario
City
Bracebridge
Address
1601 Uffington Road
Postal Code
P1L1X1
Location Highlights
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Listed by
Anchor Realty, Brokerage, Coldwater 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
$310,000
Asking Price
$310,000
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)
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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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