BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
This island property on Baxter Lake, Honey Harbour is a seldom available large waterfront parcel zoned residential in the District of Muskoka and connected to the Trent Severn Waterway. The waterfront lot is 985 feet water frontage and elevated 7 acres with hydro at the lot. The property is about 600 feet from a deeded road access right of way parking lot & boat launch, so easy access day or night. Lock 45 in Port Severn provides access into Georgian Bay. The Gloucester Pool and Severn River neighbourhood has several restaurants you can get to by boat on a pleasant cruise. Little Go Home Bay and Gloucester Pool are accessed via a short channel under the bridge and will easily accommodate large pontoon boats and mid size cruisers. Deep water along the shore and great views up the lake from the property. Only 90 minutes north of the GTA. Access is by a municipally maintained road to the marine landing. Moments from Exit 162 and Hwy 400. Barrie, Orillia, Parry Sound and Midland are about 40 minute drive from the landing. (id:39198)
Location
Province
Ontario
City
Honey Harbour
Address
550 Is 10 Baxter Lake Island
Postal Code
P0E1E0
Location Highlights
N/A
Listed by
Bob Bush Realty Inc., Brokerage Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$449,000
Asking Price
$449,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing