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Land For Sale at Lot 9 LOWER CRAIGMOUNT ROAD in Combermere, Ontario

4 Sale ID #217888
Updated 06 May 2024

Asking Price

$380,000

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

Waterfront acreage -- 2.38 acres 239’ x 500+' Located at the junction of The Madawaska River and York Rivers on Negeek Lake. Frontage on protected Conroy Marsh with 90 km of boating, including to Barrys Bay. Water access from the lot from sandy beach landing. McPhee Beach swimming across from the lot over 1000 feet of sand on crown land. E109 snowmobile OFSC trail along the road. Hydro on pole at driveway. Sandy soil over whole lot with mature hardwoods and lots of wildlife. Driveway installed with circular turnaround. Elevated lot for 934 purposes and staked, site grading done and site plan approved. On year round plowed township road Some of the best fishing in Ontario. Can boat to stores, LCBO and restaurants. fresh water source from Algonquin Park Can canoe or kayak to Bancroft, Arnprior, Barrys Bay and more. Kayak white water in Palmer Rapids Long walking trails in the area and dog sledding, skiing, ice skating in the area. What's not to love! (id:39198)

  • MLS® : #1382089
  • Date Listed : 22 Mar 2024

Location

Province

Ontario

City

Combermere

Address

Lot 9 Lower Craigmount Road

Postal Code

K0J1L0

Location Highlights

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Listed by

RE/MAX COUNTRY CLASSICS LTD. 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

N/A

Financial Information

Yearly Rate

$380,000

Asking Price

$380,000

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

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Market Competition

N/A


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