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Land For Sale at LOT 9 LYNEDOCH Road in Lynedoch, Ontario

4 Sale ID #152459
Updated 04 May 2024

Asking Price

$395,000

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

Build your dream home in the charming historic village of Lynedoch! This large 1 acre estate lot invites you to design the lifestyle you've always envisioned, complete with your perfect home & detached shop. This lot overlooks picturesque rolling farm fields, offering tranquility and convenience. Just a brief 7-minute drive to Delhi, 15 minutes to Simcoe, and a 40-minute commute to Brantford/Woodstock or the 401/403 HWY. In less than 20 minutes, you can have your toes in the sandy shores of Turkey Point, living the lake life. There is plenty of water on-site available via drilled well. There are a total of 17 lots, each around 1 acre in size, to choose from on a first-come - first-served basis. You can bring your own builder, or we can refer you to reputable local builders! (id:39198)

  • MLS® : #40472139
  • Date Listed : 05 Sep 2023

Location

Province

Ontario

City

Lynedoch

Address

Lot 9 Lynedoch Road

Postal Code

N4B2W4

Location Highlights

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Listed by

RE/MAX ERIE SHORES REALTY INC BROKERAGE 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

$395,000

Asking Price

$395,000

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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