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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$325,000
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
Nestled in the highly desirable area of Lafontaine, this beautiful lot presents a unique opportunity to build your dream home within steps of three public beaches, known for their white sandy shores and free access. The lot, characterized by dry sand and an elevated position, offers the perfect site for your future home or cottage, recently cleared while preserving a stunning tree that adds to the charm and provides natural shade. Located on a quiet, tree-lined street with minimal traffic, it promises a peaceful and private setting. Utilities including water, electricity, and internet are conveniently located at the property line, simplifying the building process. For boat enthusiasts, the Tiny Cove Marina is just a three-minute drive away, enhancing the appeal of this location for those who love water activities. This lot represents a rare chance to invest in a sought-after location, ideal for those looking to enjoy the beauty of Lafontaine, whether as a year-round residence or a vacation getaway. (id:39198)
Location
Province
Ontario
City
Lafontaine
Address
98 Rue Vanier
Postal Code
L9M0J2
Location Highlights
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Listed by
EXP Realty Brokerage 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
$325,000
Asking Price
$325,000
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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