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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,999
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
Build your DREAM HOME in the heart of Stittsville!! Municipal services available at the front of the lot. The City approved severance for the garage portion for this lot sale which is approx. 47' x 174 ft. Pegs on the property between the garage and the bungalow show the lot line. Terrific school catchment area and desirable to rent. Severance complete as of November 5, 2021. It will take some time for the City to create separate property taxes after a severance deed has been registered. HST is in addition to and to be paid by the BUYER. 24 Hour irrevocable on all offers (id:39198)
Location
Province
Ontario
City
Ottawa
Address
43 B Norway Spruce Street Unit#b
Postal Code
K2S1P5
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY GROUP 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
$399,999
Asking Price
$399,999
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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