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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$975,000
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
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)
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
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 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
$975,000
Asking Price
$975,000
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.
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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
N/A
Market Competition
N/A
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