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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,900
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
Nicely wooded, level two acre building lot nestled in the quiet Hamlet of Clear Lake. The lot is located on a quiet, well maintained four season hard surface road. Rural privacy abounds and is just minutes to Chaffeys locks, where you will find a public boat launch, kayak launch, Marina & LCBO, all in a park like setting, at one of the prettiest locks stations in Ontario. Stroll over to the famous Opinicon restaurant for pizza, ice cream, or try their fine dining & entertainment. You can bring your picnic lunch & watch the boats go by.. Build your special place in this quiet area of homes & cottages. You are just a short walk away to the Cataraqui Trail and neighborhood swim/paddle access to Clear Lake. Set in one of the most popular and beautiful lake regions in Ontario, this property is quiet and private, but you will find groceries, gas, shops and schools in the nearby Villages of Elgin, Portland and Westport. For commuters, Kingston is just 45 minutes away. Whether you want to build a home to raise a family, or you want to build your summer residence to enjoy this beautiful recreational area, this lot might just be the one.. Hydro and Bell are at the lot line, school bus pick up/drop off is just steps away. No runs to the dump, the township picks up right at the end of your driveway. This lot is waiting for your dream build to come true! (id:39198)
Location
Province
Ontario
City
Rideau Lakes
Address
Isthmus
Postal Code
K0G1E0
Location Highlights
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Listed by
EXIT REALTY AXIS 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
$129,900
Asking Price
$129,900
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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