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Land For Sale at Lot 3 Linden Drive in Greater Sudbury, Ontario

4 Sale ID #184303
Updated 03 May 2024

Asking Price

$140,000

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

LARGE LOT TO BUILD YOUR DREAM HOME! Private and large parcel of 24.3 acres on Linden Drive. Frontage is on Capreol Road. Access to this property is via registered right-of-way down the west side of 417 Linden Road. There is access off Capreol Road but the City has indicated a permanent driveway off Capreol Road is not likely. Buyer to verify. The seller is willing to put a driveway in for buyer at an added cost of $25,000.00 (well below a market cost for such service). Seller also has drawings and plans for a home he had planned to build! Contact for more information. (id:39198)

  • MLS® : #2114442
  • Date Listed : 28 Nov 2023

Location

Province

Ontario

City

Greater Sudbury

Address

Lot 3 Linden Drive

Postal Code

P3P1Y7

Location Highlights

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Listed by

EXP REALTY, BROKERAGE (MAIN) 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

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Financial Information

Yearly Rate

$140,000

Asking Price

$140,000

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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