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Land For Sale at A 1680 MCKENZIE ROAD in Abbotsford, British Columbia

4 Sale ID #157716
Updated 03 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.

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Lot Size

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Building Size

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Premise Summary

A newly developed lot, located within walking distance to UFV, amenities and transit. Enjoy sports, entertainment, and community events, just around the corner, at Abbotsford Centre. The lot comes with an approved Building Permit (Only Home Warranty and Building Permit Fee required upon pickup). The plans are ready to build a 3524 Sf finished home plus garage (buyer to verify measurements off the plan). The Basement features 3 Bedrooms with En-suite Bathrooms along with a 22x14 Rec Room (designed with the option to convert to an unauthorized rental suite). The main floor features a beautiful grand room with a chef's Kitchen and dining room along with an ensuite bedroom. The upper floor has 4 giant bedrooms with 3-piece ensuite bathrooms. (id:39198)

  • MLS® : #R2797280
  • Date Listed : 11 Jul 2023

Location

Province

British Columbia

City

Abbotsford

Address

A 1680 Mckenzie Road

Postal Code

V2S8J6

Location Highlights

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Listed by

Sutton Group-West Coast Realty (Abbotsford) British Columbia 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.

N/A

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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