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Land For Sale at 931 SPRING HILL Road in Burks Falls, Ontario

4 Sale ID #67544
Updated 28 Apr 2024

Asking Price

$255,000

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

Located on the outskirts of the quaint village of Burk’s Falls is where your opportunity awaits! The gentle topography of this building lot provides ease of access to the natural waterfront. This property is an outdoor enthusiast’s delight with over 60 kms of winding waterways to explore on the Magnetawan River and the many lakes in the area. Immerse yourself in the local history of early settlers and enjoy beautiful off-grid living in all seasons. Don’t let this unique offering pass you by. There is a foundation in place and septic designed for 3 bedroom residence. (id:39198)

  • MLS® : #40229249
  • Date Listed : 24 Mar 2022

Location

Province

Ontario

City

Burks Falls

Address

931 Spring Hill Road

Postal Code

P0A1C0

Location Highlights

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Listed by

Re/Max Parry Sound Muskoka Realty Ltd., Brokerage, Port Loring 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

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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

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Financial Information

Yearly Rate

$255,000

Asking Price

$255,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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