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Land For Sale at 19055 LAKESIDE DRIVE in Lighthouse Cove, Ontario

4 Sale ID #206560
Updated 05 May 2024

Asking Price

$449,000

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

Enjoy the waterfront lifestyle with this premium 100ft x 180ft building lot in prestigious lighthouse cove! This amazing waterfront lot features a newer 100ft dock boasting a 20,000lb Hurricane lift and 12,500lb Magnum lift! Both lifts have GEM remotes for smooth operation when parking your boats at your own private dock! Hydro on lot and water at the lot line. Natural gas passes by! Septic system is required and Buyer to verify all utility hook ups. This is a rare opportunity so don’t delay and call today! * Listing agent is related to the Seller - Please see attached disclosure and include with all offers* (id:39198)

  • MLS® : #24002760
  • Date Listed : 17 Feb 2024

Location

Province

Ontario

City

Lighthouse Cove

Address

19055 Lakeside Drive

Postal Code

N0P2L0

Location Highlights

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Listed by

ROYAL LEPAGE PEIFER REALTY Brokerage 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

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Financial Information

Yearly Rate

$449,000

Asking Price

$449,000

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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