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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$588,000
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
This exquisite half-acre waterfront parcel is primed for the creation of your dream home! You'll be enchanted by the idyllic setting, featuring more than 100ft of exclusive granite shoreline along the Black River, nestled on a peaceful street amid high-end residences. This property offers tranquil vistas of the natural surroundings! The lot already includes a septic system, driveway, well, & dock! Hydro access is available at the lot boundary. You'll cherish the seclusion provided by the lushly wooded lot, along with the clear, deep water access from your private dock, making it the perfect spot for swimming, boating, or your kayak ,a genuine paddler's haven! Conveniently situated just 15 minutes away from all the amenities that Orillia & Gravenhurst have to offer! Demolition permit was granted on Feb 23, 2023, & there are no development fees if construction commences within 3 yrs of the demolition permit's issuance date. Transform this lakeside retreat into your personal sanctuary! (id:39198)
Location
Province
Ontario
City
Ramara
Address
7806 Birch Dr
Postal Code
L0K2B0
Location Highlights
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Listed by
CENTURY 21 B.J. ROTH REALTY LTD. 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
$588,000
Asking Price
$588,000
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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