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Land For Sale at 2361 GEORGE JOHNSTON RD in Springwater, Ontario

4 Sale ID #180969
Updated 29 Apr 2024

Asking Price

$2,999,900

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

A large parcel of land is available. 236 Acres for sale, just north of Snow Valley Road, South of Minesing. Includes two parcels and two PIN numbers (160 Acres + 76 Acres). 2 road frontages, George Johnston Road and Vespra Valley Road. Parcels are divided by the North Simcoe Trail. Traces of the old settlement are visible on aerial photos. Build a ranch or estate home; it is perfect for nature lovers. **** EXTRAS **** Site of Josephine Ghost Town, see attachments. Zoning is EP (Enviromentally Protected). For any building permits or rebuilds,Buyers should perform due dilligence satisfying themselves with present use or any future uses before any offers. (id:39198)

  • MLS® : #S7307394
  • Date Listed : 17 Nov 2023

Location

Province

Ontario

City

Springwater

Address

2361 George Johnston Rd

Postal Code

L0L1Y0

Location Highlights

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Listed by

CENTURY 21 B.J. ROTH REALTY LTD. 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

N/A

Financial Information

Yearly Rate

$2,999,900

Asking Price

$2,999,900

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

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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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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