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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Build Your Dream Country Estate - Within City LimitsAn exceptional opportunity awaits with this nearly 1-acre (0.98 acre) premium lot, measuring 126 ft x 368 ft, offering the perfect canvas to build your dream home or investment property. Enjoy the peace and privacy of country-style living, all while remaining conveniently within city limits and just minutes from London, Lambeth, Delaware, and a full range of amenities.This prime parcel features ideal grading for a walk-out design, a well on site that meets all city requirements, and gas and hydro available at the road. Commuters will appreciate the quick access to Highways 401 and 402.Adding exceptional value, a building permit for a multi-unit triplex has already been obtained, and the R1-14 zoning allows for a variety of development options.Opportunities like this are rare - offering the perfect balance of rural tranquility and urban convenience. Don't miss your chance to create the lifestyle or investment you've been envisioning. (id:39198)
Location
Province
Ontario
City
London South
Address
Longwoods
Postal Code
N6P1L3
Location Highlights
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Listed by
CENTURY 21 FIRST CANADIAN CORP 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
$599,900
Asking Price
$599,900
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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