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Land For Sale at 58A RUTLEDGE RD in Mississauga, Ontario

4 Sale ID #157625
Updated 29 Apr 2024

Asking Price

$975,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Build your dream home in this vacant lot, a generous 45 x 133-foot property to be closed upon severance. Located just a short stroll from Streetsville's charming village, it offers a serene backdrop backing onto lush green space and close proximity to Mullet Creek. Nestled within a top-notch school district, this prime location presents the perfect opportunity to create your ideal residence, combining urban amenities with natural tranquility. Secure your piece of this highly sought-after neighborhood at todays price and close it upon severance. Please note: Closing is contingent upon severance; buyers should conduct due diligence regarding severance possibilities and related requirements... **** EXTRAS **** The seller will deliver a severed lot prior to closing. New lot to be severed and Property TBD , VTB is available With Small deposit , you can Secure a lot to be severed and closed 60 days after severance, estimated end of 2024 (id:39198)

  • MLS® : #W6809372
  • Date Listed : 07 Sep 2023

Location

Province

Ontario

City

Mississauga

Address

58a Rutledge Rd

Postal Code

L5M1H4

Location Highlights

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Listed by

HOME LEADER REALTY INC. Ontario listing

Category

land

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

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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

N/A

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

$975,000

Asking Price

$975,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help 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


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