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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$847,000
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.
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Lot Size
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Building Size
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Premise Summary
Corner lot. Development charges paid HST included. Building permit approved with approved site plan with 2 driveways, one from Mono Amaranth Tln and 2nd from 30th Side Road. Third driveway in the backside. Great opportunity to own a 2.5 acres residential lot with a pond in the heart of new existing and upcoming new subdivisions with lots of potential. 2 new subdivisions of 20 to 22 lots coming adjoining to this estate corner lot. Hwy 89 only less than 1 minute drive & hwy 10 is less than 2 mins away. A 6320 sq ft floor plan and elevations worth $75,000 are ready by the very reputable architecture are included in the purchase price. Topography survey done. lots of new developments on hwy 89. Vendor can provide 50 LTV Vendor take back. Hydro and gas is on the lot line. **** EXTRAS **** Hydro and has line on the line line. Lots of new developments on Hwy 89.Last six pictures are from the existing developments around this lot. (id:39198)
Location
Province
Ontario
City
Amaranth
Address
555616 Mono Amaranth Tline St
Postal Code
L9V1L8
Location Highlights
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Listed by
RE/MAX REALTY SERVICES INC. 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
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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
$847,000
Asking Price
$847,000
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.
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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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