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Land For Sale at 9851 HIGHWAY 6 in Wellington North, Ontario

4 Sale ID #216536
Updated 05 May 2024

Asking Price

$749,900

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

Lot Size

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Building Size

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Premise Summary

Ideal Building Site: This 4.36 acre property is ready for your new home. There is presently an old house and shed that have virtually no value. There is gas, hydro and a drilled well on the site. When you tear down the old home, you will receive credits on your Development Charges. Don't Miss this property. (id:39198)

  • MLS® : #40556376
  • Date Listed : 19 Mar 2024

Location

Province

Ontario

City

Wellington North

Address

9851 Highway 6

Postal Code

N0G2L0

Location Highlights

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Listed by

ROYAL LEPAGE RCR REALTY Brokerage (MF) 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

$749,900

Asking Price

$749,900

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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