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Land For Sale at 3239 FIRE ROUTE 50 in Smith ennismore lakefield, Ontario

4 Sale ID #160824
Updated 06 May 2024

Asking Price

$1,399,000

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

Spectacular clear lake located near Lakefield. Just off Sandy point rd this 4 season maintained private road offers easy year round access. Part of the Trent Severn Waterway which extends from Stoney Lake to Katchewanooka Lake. This excellent building lot has been cleared and is ready for your dream cottage or home. Great views of both Clear and Stoney from this lot. nice weed free shorline, mostly cleared and ready for your dream home or cottage. Great year round road access (approx. $300/yr for road maintenance fee). (id:39198)

  • MLS® : #X7012430
  • Date Listed : 17 Sep 2023

Location

Province

Ontario

City

Smith ennismore lakefield

Address

3239 Fire Route 50

Postal Code

K0L2H0

Location Highlights

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Listed by

ROYAL LEPAGE TERREQUITY THE ANDERSON TEAM 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

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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 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

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Financial Information

Yearly Rate

$1,399,000

Asking Price

$1,399,000

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

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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