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Land For Sale at 516 CHRISTIE LAKE ROAD UNIT#2 in Perth, Ontario

4 Sale ID #199064
Updated 03 May 2024

Asking Price

$129,000

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

This level, treed ,lot is in Tay Valley Township which is a leader in tiny homes planning. So YES this is where you can feel welcomed creating your efficient living space that you have dreamed of. This terrific lot is minutes from the winner of "the prettiest town in Ontario" award.- Perth. The town has a number of grocery stores, pharmacies, an accredited hospital ,choices of veterinarians, and many other essential services. Perth has an active live music and theatre population and has many festivals and events over the year: Maple Fest , Garlic Festival and a three day Stewart Park music festival that is free to the public thanks in large part to our many fine local merchants. Don't forget the 175 year old Perth Fair. We welcome you to your new home. The lot is awaiting it's PIN and tax assessment (id:39198)

  • MLS® : #1321411
  • Date Listed : 09 Nov 2022

Location

Province

Ontario

City

Perth

Address

516 Christie Lake Road Unit#2

Postal Code

K7H3C6

Location Highlights

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Listed by

CENTURY 21 SYNERGY 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

N/A

Financial Information

Yearly Rate

$129,000

Asking Price

$129,000

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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