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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$895,000
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
Centrally located on Lake Rosseau, this vacant 2.42 acre lot on Beacon Island is an unparalleled opportunity to create your dream getaway. The property currently has a construction grade inclinator installed, as well as, hydro, septics and steel cedar dock. This north facing property features 401 feet of pristine frontage, providing ample space for boating, swimming, and enjoying all the recreational activities the lake has to offer. Additionally, the inclinator is in place to offer easy access to the property and with the septic system already in place, the property is primed and ready for you to build your dream retreat. Embrace the opportunity to design and construct your own custom home, perfectly tailored to your preferences and lifestyle. Enjoy access to golf courses, charming local shops, dining experiences, and a variety of outdoor recreational activities throughout the year. (id:39198)
Location
Province
Ontario
City
Muskoka Lakes
Address
2 Beacon Island Island Unit# R48
Postal Code
P0B1J0
Location Highlights
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Listed by
Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty, Brokerage, Port Carling 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
$895,000
Asking Price
$895,000
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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