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Land For Sale at 24 TRAFALGAR RD in Erin, Ontario

4 Sale ID #220544
Updated 05 May 2024

Asking Price

$499,000

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

Lot Size

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Building Size

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Premise Summary

This prime property offers a generous lot size of 66 x 165, located on the main street of Hillsburgh. With C2 zoning, it boasts a wealth of possibilities for both residential and commercial ventures. Ready for transformation, this property is a canvas for your visionwhether renovate or rebuild. It offers diverse possibilities. Strategically located, this property beckons investors and developers to shape the future of Hillsburgh. Seize the chance to contribute to this charming town's growth while crafting a space that aligns with your ambitions. Act now to unlock the potential within this property! **** EXTRAS **** Experience the convenience of living on Hillsburgh's main street, while also enjoying the added advantages of having recreational facilities and shopping opportunities in close proximity. (id:39198)

  • MLS® : #X8185778
  • Date Listed : 01 Apr 2024

Location

Province

Ontario

City

Erin

Address

24 Trafalgar Rd

Postal Code

N0B1Z0

Location Highlights

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Listed by

REAL BROKER ONTARIO LTD. Ontario listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

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

$499,000

Asking Price

$499,000

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.

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.

N/A

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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