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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$939,000
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
FANTASTIC OPPORTUNITY! Located in the sought after area of Springwater/Minesing. Situated on a sprawling almost 4 acre parcel, this property provides the perfect canvas for crafting your dream home. The land comes with the added advantage of already approved and designed plans, ensuring a streamlined process for realizing your vision. Whether you're a homeowner with a distinct dream or an investor seeking to develop a unique property, this offering comes with the option to work directly with the developer for a combined transaction, to bring your ideas to life. The expansive almost 4 acres not only offers ample space for your dream home, but also permits the construction of a stunning organic, first in its class farmhouse, providing flexibility for additional structures such as a guesthouse, studio, or workshop. This vision of architecture provides a life off grid farm style in a modern way, still close enough conveniences. Angus, Barrie, and Wasaga Beach means that entertainment, shopping, and dining are just a short drive away. For those who enjoy outdoor activities, the property's location provides easy access to the beautiful beaches and the ski hills in the region. Whether you're seeking a day of relaxation on the shores of Wasaga Beach or an exhilarating day on the slopes, your new home will be a central hub for a variety of recreational pursuits. Additionally, the convenience of HWY 400 access within 20 mins ensures smooth connectivity, making travel to and from your property a breeze. (id:39198)
Location
Province
Ontario
City
Minesing
Address
2500 Highway 26 Highway
Postal Code
L9X0Z8
Location Highlights
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Listed by
Right At Home Realty Brokerage 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
$939,000
Asking Price
$939,000
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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