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Land For Sale at 908 GEORGE SHOUFTAS Place in Kitchener, Ontario

4 Sale ID #204872
Updated 29 Apr 2024

Asking Price

$900,000

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

Welcome to 908 George Shouftas Place, Kitchener. This exceptional nearly 0.63 acre plot of land offers an unparalleled opportunity for you to create the home of your dreams. Nestled in the serene and sought-after Hidden Valley neighborhood, this property promises to be a canvas for your imagination. With this generous acreage at your disposal, the possibilities are endless. This is your chance to collaborate with your own builder and design a home that perfectly fits your lifestyle and preferences. Situated on a quiet cul de sac, this land offers the perfect escape from the hustle and bustle of the city, while still being just moments away from all the amenities Kitchener has to offer. Don't miss this chance to shape your future in a serene yet convenient location. The potential is limitless, and the decision is yours. Seize this extraordinary opportunity to transform 908 George Shouftas Place into the home you've always dreamed of. *First 7 photos are renderings* (id:39198)

  • MLS® : #40541103
  • Date Listed : 14 Feb 2024

Location

Province

Ontario

City

Kitchener

Address

908 George Shouftas Place

Postal Code

N2C0C3

Location Highlights

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Listed by

Corcoran Horizon Realty 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

$900,000

Asking Price

$900,000

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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