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Land For Sale at 502 CENTERVILLE PARCEL B RD in Stone Mills, Ontario

New
4 Sale ID #222074
Updated 04 May 2024

Asking Price

$369,900

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

Look no further than this picturesque 50 plus acres on a year round hardtop road. Gradual sloping to the South, this country acreage is perfect for the family looking to escape the city with room to roam. Imagine sitting on your back porch and enjoy watching the deer and turkey stroll by. Close to many amenities, 10 minutes to Napanee, 30 minutes to Kingston, 2 hours to Toronto. Make your own ATV Trails, lots of room for gardens, close to many lakes for boating and fishing. (id:39198)

  • MLS® : #X7381794
  • Date Listed : 05 Jan 2024

Location

Province

Ontario

City

Stone Mills

Address

502 Centerville Parcel B Rd

Postal Code

K0K1N0

Location Highlights

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Listed by

KB REALTY INC. 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

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Financial Information

Yearly Rate

$369,900

Asking Price

$369,900

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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