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Land For Sale at 981 Lower Lions Club Road in Ancaster, Ontario

4 Sale ID #172346
Updated 29 Apr 2024

Asking Price

$1,049,990

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 981 Lower Lions Club Rd! A gorgeous wooded lot boasting 75 ft x 200 ft with a Niagara Escarpment Commission Conditional Approval (NEC) granted to build your dream home designed by SMPL Design Studio. The existing bungalow features over 1900 sq ft of open concept living with 3 Bed, 1 Full Bath, 2 Car Garage and lots of driveway space. The oversized windows overlook your private wooded backyard. Live the best of both worlds, the feeling of rural yet minutes to downtown Ancaster, Dundas Core and McMaster area. Over $25,000 has been spent on architecture, engineering, septic design, survey, arborist report, etc. that can be shared with new owner. Contact for more details! (id:39198)

  • MLS® : #H4177589
  • Date Listed : 17 Oct 2023

Location

Province

Ontario

City

Ancaster

Address

981 Lower Lions Club Road

Postal Code

L9H5E3

Location Highlights

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Listed by

Realty Network 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

$1,049,990

Asking Price

$1,049,990

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

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Market Competition

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