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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,000
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
Beautiful 2.8 acre island on Benson Lake. This is a large island with good shoreline for swimming boating & fishing. The adjacent islands are also for sale. The property is well treed and ideal for a summer cottage for those seeking an off grid option. This property is boat access only, and boat slips and & parking can be obtained by local marinas or Public docks. The taxes are an estimate only and will be subject to change when the Township assesses the property at the time of sale. The island is a natural severance from the owners mainland property, and a deed will be created at the time of sale. The roll number for the property will also be created by the township at the time of sale. Please do not visit the Islands on your own you must be accompanied by a licensed Realtor. (id:39198)
Location
Province
Ontario
City
Westport
Address
291 Benson Lake Island
Postal Code
K0G1X0
Location Highlights
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Listed by
RIDEAU TOWN & COUNTRY REALTY LTD. 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
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 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
$179,000
Asking Price
$179,000
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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