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Land For Sale at 5560 EAST TOWNLINE RD in Clarington, Ontario

New
4 Sale ID #223888
Updated 30 Apr 2024

Asking Price

$999,900

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

Escape The Hustle Of The City And Build Your Dream Home On This 56.35 Acre Lot Located On The Eastern Edge Of The Gta! Surround Yourself With Spectacular Views Of Rolling Hills, Close To Brimacombe Ski Club, Tree Top Trek& 11,000 Acres Of Ganaraska Forest For Endless Outdoor Fun. Under 1Hr. Commute To Toronto, Only Minutes To 401, 115 & 407. Approximately 25 Acres Workable Farm Land. Remainder Is Forested With Small Creek. Presently Agricultural Zoned. **** EXTRAS **** Permits Single Family Dwelling. If Desired, Seller Willing To Continue To Farm Land For Reduced Property Tax. Please Conduct Due Diligence With Town Of Clarington Regarding Building Permits, Development Charges And Possible Restrictions. (id:39198)

  • MLS® : #E8212208
  • Date Listed : 08 Apr 2024

Location

Province

Ontario

City

Clarington

Address

5560 East Townline Rd

Postal Code

L0A1J0

Location Highlights

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Listed by

CENTURY 21 MILLER REAL ESTATE LTD. 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

$999,900

Asking Price

$999,900

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

N/A

Market Competition

N/A


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