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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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
EXPLORE MANITOULIN MAGIC ON OVER 95 ACRES OF RU-ZONED LAND! Start your morning launching a boat at the south end of Silver Lake, spend the afternoon soaking up the sun along the crystal-clear shores of Lake Huron, and end your day with a peaceful walk through the nearby Nineteen Lake Nature Preserve. Escape the ordinary and stake your claim on Manitoulin's legendary landscape. Over 95 acres of opportunity await in the peaceful community of Silver Water, located in the unorganized Township of Robinson on the western side of Manitoulin Island. Zoned RU and offering a mix of cleared land and forest, this expansive parcel includes hydro, a dug well, and a septic system already on site. A private driveway leads to a cleared area with existing outbuildings, creating a ready-to-use space for your next adventure. Whether you're envisioning a hunt camp, off-grid cabin, private retreat, or building the ultimate summer escape, this rare property offers freedom, flexibility, and natural surroundings that inspire. With nearby access to Lake Huron and just minutes from the breathtaking Nineteen Lake Nature Preserve, outdoor recreation is all around. Silver Water is home to a seasonal restaurant, post office, church, and fire department, offering community essentials while still feeling worlds away. Whether you're looking to invest, explore, or escape, this is your chance to create something truly special in a one-of-a-kind Northern setting. (id:39198)
Location
Province
Ontario
City
Silver Water
Address
Hwy 540
Postal Code
P0P1H0
Location Highlights
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Listed by
RE/MAX Hallmark Peggy Hill Group Realty Brokerage 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
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
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
$199,900
Asking Price
$199,900
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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