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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$389,500
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
Great opportunity to build your custom dream home on this premium residential lot located in the highly sought-after Mt. Carmel neighbourhood of Niagara Falls. It is a unique lot with approximately 60ft of frontage at the road, allows space for a variety of building styles. Highly desirable area of the city with many shops and amenities nearby. This fully serviced lot fronts onto Montrose Rd, legal description, taxes and PIN will be prepared after boundary adjustments from rear parcel. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
Lot 2 - 3151 Montrose Road
Postal Code
L2H0K3
Location Highlights
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Listed by
BOSLEY REAL ESTATE LTD., 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
$389,500
Asking Price
$389,500
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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