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Land For Sale at 8 SHAKELL Road in Whitestone, Ontario

4 Sale ID #215487
Updated 05 May 2024

Asking Price

$135,000

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

5 ACRE BUILDING LOT Embrace the opportunity to own this picturesque 5-acre building lot, perfectly positioned within a tranquil cul-de-sac surrounded by mature trees. With ample space and idyllic surroundings, this property provides an ideal canvas for constructing your dream home on one of many optimal building sites. Enjoy the convenience of accessible hydro just across the road, streamlining your building process. Delight in the established walking trails throughout the property. Situated just a short 5-minute drive from McKellar and a mere 15-20 minutes from the Town of Parry Sound, you'll have effortless access to all essential amenities. HST applicable. (id:39198)

  • MLS® : #40554625
  • Date Listed : 15 Mar 2024

Location

Province

Ontario

City

Whitestone

Address

8 Shakell Road

Postal Code

P0G1C0

Location Highlights

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Listed by

Royal Lepage Team Advantage Realty, Brokerage, Parry Sound Ontario 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

$135,000

Asking Price

$135,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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