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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,999
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
Rarely will you find such a large waterfront property available on the shores of Georgian Bay, especially being this close to Toronto, Barrie, Orillia and Midland. This could be the opportunity of a lifetime. Approximately 50 acres with approximately 185 ft of shoreline. There are two Georgian Bay water access points from the property. One area is on the SW portion of the property and the second area is at the NE corner of the property. The access to the property is from the municipal year-round paved road. The road that runs through the middle of the property is private. This property will be the ultimate in privacy. With almost 50 acres, the possibilities are endless to develop or build your dream home with many prime areas to build on. The Seller is not aware what development would be allowed. It is the buyer's responsibility to determine what development would be allowed and all associated fees for development are the buyer's responsibility. (id:39198)
Location
Province
Ontario
City
Honey Harbour
Address
Lot 30 Birch Acres Drive
Postal Code
P0E1E0
Location Highlights
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Listed by
Buy The Shores of Georgian Bay Realty Inc. 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
$499,999
Asking Price
$499,999
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.
N/A
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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