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Land For Sale at 3090 WESTDEL BOURNE in London, Ontario

New
4 Sale ID #307885
Updated 09 Dec 2024

Asking Price

$2,100,000

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.

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Lot Size

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Building Size

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Premise Summary

An amazing Estate Property with 1400 feet abutting Dingman Creek bordering along the east and north sides of the plot. This is an opportunity to build your dream home on over twelve acres located within the city limits close to shopping, golf courses, and all the needed services. The upper portion of the property has a mature forest, the middle land has a pasture and the bottom land runs along the creek. Check the multi-media pictures and aerial video, then set an appointment to walk the property. The house is being sold with no warranties from the listing agent or the Vendors. The house is a teardown, viewing can occur upon an accepted conditional offer. (id:39198)

  • MLS® : #X10423226
  • Date Listed : 11 Nov 2024

Location

Province

Ontario

City

London

Address

3090 Westdel Bourne

Postal Code

N6P1N1

Location Highlights

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Listed by

SUTTON GROUP PREFERRED REALTY INC. 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

$2,100,000

Asking Price

$2,100,000

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.

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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

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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