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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$339,900
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
Opportunity awaits to Build your dream home in this sought after area of Tiffin By The Bay at Tiffin Estates on this level fully serviced estate lot with natural gas, hydro, water and sewers all available. Enjoy the water view from your very own back yard. There is immediate access to Midland's Waterfront Rotary Trail system used for walking, biking and hiking; a marina, a ball park and Midland's downtown with shopping and restaurants as amenities located near by. The Seller has provided a grading plan, lot location plan, and available floorplans should a Buyer consider this option in building a home. The Buyer is responsible for all development charges at the time of applying for a building permit, these charges are subject to change. (id:39198)
Location
Province
Ontario
City
Midland
Address
517 Taylor Drive
Postal Code
L4R5L9
Location Highlights
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Listed by
Royal LePage In Touch Realty, Brokerage (Hwy 93) 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
$339,900
Asking Price
$339,900
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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