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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Just 3 minutes from Almonte, 14 acres with 529' waterfront on the shores of picturesque Mississippi River. You have cleared level building site, bordered by mature trees, for your new home plus garage-workshop with lots of room for gardens and play. Waterfront both sandy and rocky with shallow entry. Soil test results available for the land. Existing driveway with culvert; entrance of the driveway shared with neighbour. Hydro at the road, that is paved and maintained by township. School bus pickup at road. Great location as you have quick access to the historical, family-friendly, town of Almonte for schools, shopping and fine dining. Or, 15 minutes to Mount Pakenham ski hill and golf course. Next to Ottawa Valley Recreational Trail where you can hike and ATV; head northwest on trail to Renfrew where you connect to K&P trail. Lot severance may be possible. Cell service. Starlink. Added bonus - no HST applicable to sale. 40 mins to Kanata. Buyers need Agent with them to walk land. (id:39198)
Location
Province
Ontario
City
Almonte
Address
5989 Martin Street N
Postal Code
K0A1A0
Location Highlights
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Listed by
COLDWELL BANKER FIRST OTTAWA REALTY 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
$599,900
Asking Price
$599,900
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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