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Land For Sale at 236 GREY 21 Road in Town Of Blue Mountains, Ontario

4 Sale ID #151435
Updated 03 May 2024

Asking Price

$4,999,999

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

Lot Size

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Building Size

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Premise Summary

Pow!!This 10 acre executive estate property is surrounded by Monterra golf course and has magnificent views!. Already to go as it is in a Designated Residential Development area within the Town of Blue Mountains Official Plan. This is the finest building lot is the area and located in an area of existing and proposed recreational residential development. Superb location surrounded to the north, west and south by Monterra Golf Course and two prestige developments. For the fisherman enthusiasts the stunning cold water trout stream traverses thru most of the property. Build your private Ranch here. Ideal site for a pool, private spa, sauna, tennis courts, secondary house, large shop, workshop, barns, .....leaving up to your imagination. The sky is the limit here! (id:39198)

  • MLS® : #40412231
  • Date Listed : 01 May 2023

Location

Province

Ontario

City

Town Of Blue Mountains

Address

236 Grey 21 Road

Postal Code

L9Y0K8

Location Highlights

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Listed by

Sutton Group on the Bay Realty Ltd., Brokerage Ontario listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

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Lot Size

N/A

Available Space

N/A

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

N/A

Financial Information

Yearly Rate

$4,999,999

Asking Price

$4,999,999

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.

N/A

Gross Revenue- annual

N/A

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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