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Land For Sale at 705 ST. ANDREWS ROAD in West Vancouver, British Columbia

New
4 Sale ID #229661
Updated 07 May 2024

Asking Price

$2,890,000

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.

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Lot Size

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Building Size

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Premise Summary

**OLD BYLAWS PERMIT PENDING** 0.35 FSR. VIEW LOT British Properties! 21,000 sqft, 100ft frontage. Save ONE YEAR of waiting for permit and 200K for design and other fees. Application submitted and approved with the possibility to make some changes in the design or the size before permit is issued. Last opportunity for a modem house under old bylaws. design by DADAFORM, 9,000 sqft (6 Beds/7 Baths), 14ft ceiling on main, 10ft elsewhere. Expansive, large-format sliding windows adorn all three levels, framing captivating views of the water, city and mountains. Please walk the property only with a notice and permission from the listing agent. Be sure to ascend the installed "STAIRS" leading to the BEDROCKS-that is the future basement location. Plans are available upon offer acceptance. (id:39198)

  • MLS® : #R2873688
  • Date Listed : 22 Apr 2024

Location

Province

British Columbia

City

West Vancouver

Address

705 St. Andrews Road

Postal Code

V7S1V5

Location Highlights

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Listed by

RE/MAX Masters Realty British Columbia listing

Category

land

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 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

$2,890,000

Asking Price

$2,890,000

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.

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Gross Revenue- annual

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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)

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EBITDA help 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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