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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$224,900
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
A stunning 10 acres of land ready for you to build your dream cottage country home/getaway. Located south of Party Sound in Seguin Township. Just a couple hours north of the GTA. Newly severed parcel forested with a small stream predominantly mixed hardwoods (maple, oak, yellow birch and some evergreens ). Located on a year round municipal maintained road with hydro nearby.Great privacy and a quiet area.Close to area lakes with boat launches and beaches.A road allowance begins at the south end of the property meeting up with Star Lake Road & continues up the westernmost side of the property.Enjoy all season activities with trails nearby welcoming hikers, cyclists, cross-country skiers, snowmobilers, and ATVers. Short drive to the quaint town of Orville.20 minute drive to Parry Sound for schools, shopping, theatre of the arts, hospital and much more!This gem of a property awaits you to make it your home.No assessment roll number assigned at time of listings,this is a newly severed lot.Click media arrow for video. (id:39198)
Location
Province
Ontario
City
Seguin
Address
187b Star Lake Rd
Postal Code
P0C1J0
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY LTD. 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
$224,900
Asking Price
$224,900
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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