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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,000
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
Discover a rare opportunity to turn your dream home into reality with this stunning 19.725-acre parcel of vacant land, perfectly situated within walking distance to the picturesque shores of Georgian Bay. Nestled on the property's north end, majestic willow trees provide a serene backdrop to an oversized private pond, creating an idyllic setting for your future oasis. Municipal approval has been secured for a designated building envelope, and additional potential building sites have been meticulously identified through a comprehensive environmental study. This ensures flexibility in crafting your ideal residence amid the natural beauty that surrounds. Embrace the convenience of modern amenities as gas, hydro, and municipal water are readily available at the lot line, streamlining the building process. The location offers not just tranquility but also easy access to various recreational attractions. Within a few minutes' drive, indulge in the renowned Cobble Beach Golf Resort, explore scenic hiking trails with waterfalls, join nearby golf clubs, and bask in the sun on beautiful beaches. Seize this unique opportunity to create your haven in an enchanting landscape, where nature's beauty and modern comforts harmoniously converge. (id:39198)
Location
Province
Ontario
City
Georgian Bluffs
Address
454 Balmy Beach Road
Postal Code
N4K5N4
Location Highlights
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Listed by
Century 21 Millennium Inc., Brokerage (Thornbury) 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
$399,000
Asking Price
$399,000
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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