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Land For Sale at 466408 12TH CONCESSION B in Eugenia, Ontario

4 Sale ID #77382
Updated 01 May 2024

Asking Price

$5,500,000

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

If you've been searching for Nirvana, search no longer; 92 acres of mixed hardwood, pine forest, and fields and get this....1800 feet of lake frontage on Lake Eugenia, one of the most popular inland lakes in Southern Ontario! Build your House/Cottage/Chalet and of course a dock at the lake. All summer you can fish, canoe, kayak, wakeboard, water ski, swim...or land your floatplane, taxi up to the dock and grab your first pint of beer to celebrate the beginning of the weekend. For the winter you are 10 minutes from Beaver Valley Ski Club and only 30 to Craigleith or Blue Mountain resorts! Ski, snow shoe, Snowmobile, ATV or go for a quiet stroll on the century-old trails in the bush made by the founding farm family. Tap trees in the spring with the kids and make Maple Syrup over your own toasty fire. There is even a century-old post and beam drive shed that you could upgrade to the most amazing summer Theatre/man cave/ entertainment/dining facility. Only 1.5 hours to K/W, Waterloo/Guelph, or Pearson. Seeing is believing with this fine offering...miss it at your peril. (id:39198)

  • MLS® : #40076291
  • Date Listed : 08 Mar 2021

Location

Province

Ontario

City

Eugenia

Address

466408 12th Concession B

Postal Code

N0C1E0

Location Highlights

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Listed by

Royal LePage Royal City Realty 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

$5,500,000

Asking Price

$5,500,000

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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