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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,900
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
If I were building another home, it would be on a lot like this! Stunning treed landscape with several acres and great elevations. This building lot is the perfect site for your dream home or cottage. Offering over 7 acres and located steps to incredible Gull Lake, you can have the benefit of the waterfront lifestyle without the price tag of waterfront property. For the day to day, you are minutes to the town of Minden, a 30 minute drive to Orillia as well as being only 2.5 hours to Toronto. First time ever offered, this lot is ready for you to bring your home or cottage to life. If you are a builder or developer, there are 4 lots total here that could make a great project for spec builds or inventoried for later construction. The HST is included in the prices listed and immediate possession is available. All servicing is the responsibility of the Buyer and the Buyer/Buyer’s representative to do their own due diligence in respect to building terms and criteria with the township. Lot is number 2 in the photos, see copy of survey attached. Four lots in total for sale, MLS # 40495554, 40495554, 40495552, 40495550 (id:39198)
Location
Province
Ontario
City
Minden
Address
Lot 2 35 Highway
Postal Code
K0M2L1
Location Highlights
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Listed by
Engel & Volkers Barrie 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
$269,900
Asking Price
$269,900
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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