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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$124,900
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
Discover this vacant seasonal lot tucked away at the end of a peaceful private laneway, just steps away from the sandy shores of Lake Erie. Option available to purchase with 14 Birch Lane to own neighbouring lot and expand to over .5 of an acre. A survey is also available. The property features an irregular shape with a defined and limited building area suited for a cottage and septic system, subject to conservation authority approval. Enjoy the ideal lakeside setting — construct a new seasonal retreat, relocate an existing cottage, or set up a seasonal camper and embrace the relaxed cottage-country lifestyle. Purchasers are responsible for confirming all approvals, development possibilities, and permit requirements. For more information, please contact the listing brokerage. (id:39198)
Location
Province
Ontario
City
Selkirk
Address
Birch
Postal Code
N0A1P0
Location Highlights
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Listed by
RE/MAX Escarpment Golfi Realty Inc. 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
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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
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
$124,900
Asking Price
$124,900
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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