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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$375,000
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 Here. Rare opportunity to own a spacious building lot (60ft Wide x 229ft Deep) backing onto Tiffin Pond in a very desirable Midland Neighborhood. Conveniently located near parks, schools, and local amenities. Easy commute to surrounding areas and highway access... 2 Hours from Toronto, 30 Minutes from Barrie. Quick access to downtown Midland, shopping, dining, and entertainment options. Close proximity to beautiful natural attractions, including Georgian Bay (gateway to the 30,000 Islands), Wye Marsh Wildlife Centre, Midland Rotary Waterfront Trails, Sainte Marie Among the Hurons Museum + 3 Marina's. Enjoy the great outdoors, water sports, and hiking adventures at your doorstep. Create your raised bungalow with walk out basement and water views in a tranquil setting. Contact today to explore the possibilities and make this lot your own! Check out the video for an arial view of Midland and neighbourhood. (id:39198)
Location
Province
Ontario
City
Midland
Address
607 Taylor Drive
Postal Code
L4R5L9
Location Highlights
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Listed by
Sotheby's International Realty Canada, Brokerage (Collingwood) 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
$375,000
Asking Price
$375,000
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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