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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$995,000
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
ATTENTION DEVELOPERS!! R4N - Residential Fourth Density Zone - Rare opportunity in Britannia Heights on a 66' x 121.47 LOT Area: 7,965.29 ft² (0.183 ac) allowing a wide range of residential building forms including multi unit dwelling, low rise. The immediate neighborhood is a mix of single family residential, townhome, low rise and high rise apartment developments. Close to everything! Public transit, walking distance to amenities, shops and restaurants. Buyers must due their own due diligence in regards to development options. IF you're not ready to develop immediately there is a 2 storey (4 bedroom, 1 bath) home on the property with new propane furnace & new 200amp service, rent it out until ready to develop! Endless possibilities....Phase I environmental completed. Close to amenities, shopping and easy access of the 417. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
830 High Street
Postal Code
K2B6C4
Location Highlights
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Listed by
ROYAL LEPAGE TEAM REALTY 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
$995,000
Asking Price
$995,000
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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