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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,000
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
Exceptional waterfront building lot on Urbach Lake. Enjoy southern exposure on this beautiful low density lake just minutes from the town of Coe Hill, Wollaston Lake and Chandos. The property is well treed with maple, cedar and pine and features rock outcroppings. The driveway and culvert have been built and there are two level building areas, one with stunning lake views and the opportunity for a walkout basement. It is an easy walk down to the water that would not require stairs. This is the second last property on the road with very good privacy from neighbours. There is 200 amp underground hydro service installed to the building area. Enjoy this little piece of heaven while you build with the convenience of a gravity fed outhouse and 6-sleeper camper trailer (negotiable). Urbach Lake is a voluntary non-motorized boat lake with great swimming and a peaceful, natural atmosphere. **** EXTRAS **** Take Ridge Rd & turn onto the private lane marked with the green ""757"" sign. Keep right following directional signs. 2nd last property on left with wooden outbuilding & trailer. Ridge Rd is paved & 4 season, Urbach Lake Lane is 3 season. (id:39198)
Location
Province
Ontario
City
Wollaston
Address
757 Ridge Rd
Postal Code
K0L1P0
Location Highlights
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Listed by
BALL REAL ESTATE 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
$269,000
Asking Price
$269,000
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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