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Land For Sale at 516 LOT 3 CHRISTIE LAKE ROAD in Perth, Ontario

4 Sale ID #154397
Updated 02 May 2024

Asking Price

$139,000

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

Lots like this are hard to find, call quickly!!! 41.235 m frontage 231.42m, deep lot!! Mere minutes from Perth .Gorgeous level lot with mature evergreens. This lot is located in the progressive Tay Valley Township which welcomes TINY HOMES!!! Severance completed at Township and county levels paperwork is at the province waiting for final approval. Should be done before October. (id:39198)

  • MLS® : #1356245
  • Date Listed : 14 Aug 2023

Location

Province

Ontario

City

Perth

Address

516 Lot 3 Christie Lake Road

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

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Financial Information

Yearly Rate

$139,000

Asking Price

$139,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

N/A


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