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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,275,000
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
Ideal Buy and Hold Property. Exceptional 40.65-acre parcel with an L-shaped configuration, 780.39 feet frontage on Church St N, just north of Taunton Road. Strategically located near major residential development in Ajax and the Seaton Master Planned Community in Pickering. Zoned as Permanent Countryside (PC), the property allows for various uses, including residential single-family dwelling, garden center, veterinarian clinic, and equestrian facility. Some Environmental Protection (EP) land is present. Please do not walk the property without booking a showing first. Buyer to conduct its own due diligence. (id:39198)
Location
Province
Ontario
City
Ajax
Address
2260 Church St N
Postal Code
L1T2W7
Location Highlights
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Listed by
ROYAL LEPAGE FRANK REAL ESTATE 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
$3,275,000
Asking Price
$3,275,000
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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