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Land For Sale at K1613 McKenzie IS in Mckenzie Island, Ontario

New
4 Sale ID #226605
Updated 03 May 2024

Asking Price

$64,500

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

With over 2000 ft of frontage, this large waterfront lot could be just what you've dreamt of. The site of your future cottage, or off-grid home. Renowned fishing out your front door, and peace and tranquilty. Or perhaps you decide to sub-divide the options are there, with a property of this size. If you'd like more information, reach out anytime! (id:39198)

  • MLS® : #TB240854
  • Date Listed : 12 Apr 2024

Location

Province

Ontario

City

Mckenzie Island

Address

K1613 Mckenzie Is

Postal Code

P0V2B0

Location Highlights

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Listed by

CENTURY 21 NORTHERN CHOICE REALTY LTD. Ontario 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

$64,500

Asking Price

$64,500

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.

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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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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