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Land For Sale at 17 LAKEFOREST Drive Unit# Lot 23 in Saugeen Shores, Ontario

4 Sale ID #151980
Updated 01 May 2024

Asking Price

$269,900

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.

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Lot Size

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Building Size

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Premise Summary

Southampton Landing is a new development that will be comprised of well crafted custom homes in a neighbourhood with open spaces, protected land and trails. Architectural Control & Design Guidelines enhance the desirability of the Southampton Landing subdivision. We have plenty of standard and premium lots to choose from if this one is not for you. Southampton Landing is suitable for all ages. Southampton is a distinctive and desirable community with all the amenities you would expect. Located along the shores of Lake Huron, promoting an active lifestyle with trail systems for walking or biking, beaches, a marina, tennis club, and great fishing spots. You will also find shops, eateries, art centre, museum, and the fabric also includes a vibrant business sector, hospital and schools. This lot will not accommodate a full basement, but is suitable for a raised bungalow plan or a functional 4' to 5' crawlspace. Make Southampton Landing your next move. Inquire for more details. Alair Homes is the exclusive builder for this new subdivision. (id:39198)

  • MLS® : #40312608
  • Date Listed : 22 Aug 2022

Location

Province

Ontario

City

Saugeen Shores

Address

17 Lakeforest Drive Unit# Lot 23

Postal Code

N0H2L0

Location Highlights

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Listed by

RE/MAX LAND EXCHANGE LTD Brokerage (PE) 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

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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 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

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Financial Information

Yearly Rate

$269,900

Asking Price

$269,900

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.

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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

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Market Competition

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