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Land For Sale at 171 MACKEY CREEK ROAD in Mackey, Ontario

4 Sale ID #184917
Updated 28 Apr 2024

Asking Price

$289,900

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

FOR THE NEW HOME OWNERS. PROPERTY IS READY FOR YOU TO BUILD THAT DREAM HOME ON A WATERFRONT. DRIVEWAY, HYDRO, 100 AMP ELECTRICAL SERVICE, DRILLED WELL, AND APPROVED SEPTIC ARE ALL IN PLACE, READY TO HOOK UP TO YOU NEW HOME. PROPERTY COMES WITH A 5TH WHEEL RV TRAILOR TO ACCOMODATE YOU WHILE YOU BUILD OR ENJOY THE SUMMERS HOLIDAYS. BRING YOUR BOAT, THERE IS A BOAT LAUNCH DIRECTLY INTO MACKEY CREEK WITH ACCESS TO THE OTTAWA RIVER. NOTICE TO BUYERS AND AGENTS : THE PROPERTY DOES NOT GO THE THE WATERS EDGE, ONT POWER CORP. OWNES ALONG THE WATERS EDGE TO THE HIGH WATER MARK, AS PART OF THE HIGH WATER FLOOD CONTROL SYSTEM THEY MANAGE. THE BUYER'S HAVE USE OF THE LAND BUT NEED PERMISSION TO BUILD ON THIS PART OF THE SAID PROPERTY. CALL FOR ANY ADDITIONAL INFORMATION THAT YOU MAY REQUIRE. (id:39198)

  • MLS® : #1370354
  • Date Listed : 30 Nov 2023

Location

Province

Ontario

City

Mackey

Address

171 Mackey Creek Road

Postal Code

K0J1R0

Location Highlights

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Listed by

RE/MAX AFFILIATES REALTY LTD. 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

$289,900

Asking Price

$289,900

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

N/A

Market Competition

N/A


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