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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$329,000
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
Spring is in the air! ..and if you've been dreaming of a private, Muskoka lakeside retreat then you'll not want to miss this lovely, woodsy spot an easy 15-min drive to the hopping hub of Huntsville. This unique waterfront offering could be the ideal setting for your dream Lakeview home or an investment sanctuary. Imagine waking to misty island vistas under the rising sun. Start the day with a café on your dock serenaded by loons. Spend lazy afternoons swimming, paddling or adventures boating, fishing & exploring the lake. There's loads of possibilities here! Broad zoning allows for your retirement retreat ensconced in trees; a charming lake-view B&B; home-based biz; artisan studio; +more! The parcel consists of 2 lots, set on either side of the quiet, year-round road. On the larger, elevated, buildable lot, create your private, island-view abode. Several flat areas offer ample room for septic + drilled well or water sourced from the fresh lake, which flows from connected Buck Lake to the North. One original owner envisions Frank Lloyd Wright's 'Fallingwater' there. Let your imagination guide you! Across the well-maintained road, 105 ft of sandy shoreline provides an ideal spot for a dock, perhaps a bunkie or boathouse? Backing onto acres of private forest, nature lovers will revel in the wildlife and gorgeous flora n fauna. A paradise for outdoor enthusiasts, close to prov. parks, skiing, golfing, fishing, hiking, sledding & winter-sports trails. In spring, before the property is lit with a spectacular blanket of trillium, you can make your own maple syrup! You'll love Huntsville's friendly community, fun local scene with bistros, brewpubs, arts, festivals, concert hall & shops. Newly built / reno'd cottages on this fab lake are selling for $1.5M - $2.225M! Create memories, find solace, immerse yourself in the peace and tranquility of nature and beauty of lake life. Come and experience the magic of Fox Lake and make those dreams reality. Your lakeside haven awaits! (id:39198)
Location
Province
Ontario
City
Huntsville
Address
253 West Fox Lake Road
Postal Code
P1H2J2
Location Highlights
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Listed by
Forest Hill Real Estate Inc., Brokerage, Port Carling 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
$329,000
Asking Price
$329,000
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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