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Land For Sale at 2322 BENNINGTON Gate in Oakville, Ontario

New
4 Sale ID #229727
Updated 05 May 2024

Asking Price

$4,999,000

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

Welcome to 2232 Bennington Gate, prime southeast Oakville location—your gateway to serene living and limitless possibilities. This exceptional piece of vacant land is zoned RL1-0 sp:121 and is tucked down a private laneway. It is just one house away from the shores of Lake Ontario, offering the perfect blend of tranquility and convenience. With approximately one acre of prime land, this property provides the ideal canvas to design and build your new home. Imagine a custom-built residence surrounded by lush greenery, where you can enjoy the peace of this exclusive enclave.  This location is excellent for commuters, offering good access to major roads and highways and a short drive to the Clarkson Go. Take advantage of this rare opportunity to create a personalized oasis in one of Oakville's most desirable neighbourhoods. (id:39198)

  • MLS® : #40576119
  • Date Listed : 22 Apr 2024

Location

Province

Ontario

City

Oakville

Address

2322 Bennington Gate

Postal Code

L6J6C2

Location Highlights

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Listed by

RE/MAX Escarpment Realty Inc., Brokerage 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

$4,999,000

Asking Price

$4,999,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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