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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$495,000
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
Escape the hustle and bustle of city life and embrace the tranquility of this remarkable lot nestled in the serene countryside north of Bayfield, Ontario. This pristine piece of land presents an incredible opportunity to build your dream home, whether it's a cozy retreat, a sprawling estate, or a vacation getaway. With its breathtaking natural beauty and convenient location, this lot promises a lifetime of enjoyment. 1.45 acres of pure potential, providing ample space for your imagination to flourish. Essential utilities such as electricity, Natural Gas, and high-speed internet are available, making the transition to your new property a breeze. Embrace an outdoor enthusiast's paradise with access to hiking, biking, fishing, and watersports in Lake Huron, just minutes away. A vibrant and picturesque town known for its heritage, arts, and culture. Explore the local shops, dine at renowned restaurants, or take in a show at the Bayfield Town Hall. Tee off at nearby golf courses and perfect your swing amidst stunning landscapes. Experience the changing seasons in all their glory, from vibrant autumn foliage to the tranquility of a winter wonderland. Don't miss your chance to own a piece of paradise north of Bayfield, Ontario. Bring your plans and builder. Contact your Realtor today to schedule a private viewing and start building the future you've always dreamed of. Your piece of heaven awaits! (id:39198)
Location
Province
Ontario
City
Central Huron
Address
77550 Brymik Avenue N
Postal Code
N0M1G0
Location Highlights
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Listed by
Coldwell Banker Dawnflight Realty (Seaforth) Brokerage 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
$495,000
Asking Price
$495,000
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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