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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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
An exceptional opportunity to own 10.7 acres of vacant land in the Township of Carling, offering a rare combination of privacy, recreation, and proximity to Georgian Bay. This expansive parcel features road frontage on two separate roads, (Corduroy Bay Rd and Ramsey Rd N) providing excellent access and future development flexibility.The property is directly connected to over 200 acres of Crown land, creating a natural extension of your backyard and ensuring long-term privacy. If you want even more land to explore, just walk across Sandbay Road, you have thousands of additional acres of Crown land, complete with established ATV trails, making this an ideal location for outdoor enthusiasts, hunters, hikers, and nature lovers. Adding to its appeal, the property is within walking distance to Dillon Cove Marina on Georgian Bay! Keep your boat at one of their boat slips for effortless access to the world-renowned 30,000 Islands of Georgian Bay. Spend your days boating, exploring secluded coves, fishing, and enjoying endless shoreline adventures in one of Ontario's most iconic freshwater destinations.Whether you are envisioning a private retreat, your dream home, a recreational getaway, or long-term investment, this property delivers space, access, and an unbeatable natural setting in one of Parry Sound District's most sought-after recreational areas. BONUS: there is a roughed-in driveway and it's just a short 25 minute drive from Parry Sound for all your shopping needs, hospital, restaurants and more! (id:39198)
Location
Province
Ontario
City
Carling
Address
Corduroy Bay
Postal Code
P0G1G0
Location Highlights
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Listed by
RE/MAX Parry Sound Muskoka Realty Ltd 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
$249,000
Asking Price
$249,000
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)
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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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