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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$545,000
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
Escape to your very own piece of paradise on the north eastern end of Wolfe Island. Nestled on a sprawling 5.7-acre, well treed waterfront lot, this property offers 185 plus feet of clean, flat rock shoreline, the utmost privacy, surrounded by the peaceful countryside and the beauty of mother nature. Enjoy breathtaking views of the sheltered Breaky’s Bay, where you can witness the most glorious sunsets. The summer often brings the occasional sailboat moored in the middle of the Bay, as they stop at KYC’S Island site on their voyage through the thousand Islands. This property has a cozy cabin with power, docks ready to go in the water, 2 storage sheds, with one close by the waters edge for you water toys. The property offers space to enjoy the tranquility of the waterfront lifestyle, several locations to build your dream home, a large wooded area and open field to test your green thumb. Whether you're seeking a peaceful retreat or an active waterfront adventure, this property has it all. From boating and fishing to kayaking and swimming, the possibilities are endless. Don’t miss out on this incredible opportunity to own a slice of paradise, all within a 15 minute country drive to the wonderful town of Marysville and a free ferry ride to beautiful downtown Kingston. It’s time to beat the hustle and bustle of the city and to come enjoy Island. life. (id:39198)
Location
Province
Ontario
City
Wolfe Island
Address
57 Old Quarry Lane
Postal Code
K0H2Y0
Location Highlights
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Listed by
Royal LePage ProAlliance Realty, Brokerage 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
$545,000
Asking Price
$545,000
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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