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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$490,000
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
Great opportunity to purchase a residential LOT (R1O) with just under 56ft of frontage in desirable McKellar Heights. Multiple highest and best use of the land, including up to three “gentle intensification” principal units (as per Bill 23, More Homes Built Faster Act, 2022), detached dwelling unit, secondary dwelling unit. Perfect for investors who land bank, small to mid-size developers preparing their next build, or individuals dreaming of building their future home. LOT is minutes to all of Carling amenities. Easy access to the 417 via Maitland or Carling/Kirkwood. Walking distance to the Jewish Community Centre, Ottawa Academy of Martial Arts, Multicultural Child Development Centre, and Carlingwood Mall. Located in the catchment area of Nepean High School, Broadview Avenue Public School, St.Daniel School and many english Catholic Schools. Please contact for additional information. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
1795 Kerr Avenue
Postal Code
K2A1J2
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY GROUP 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
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
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
$490,000
Asking Price
$490,000
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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