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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$595,000
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
1.98 acre lot in the luxurious ""Bauer Estates"" development. Already 70% SOLD! This 20 lot executive home subdivision is the perfect mix of country living and big city convenience. Architectural controls enhance uniformity and there is no required time frame for building. Simply choose your lot and work with Battaglia Homes or a builder of your choice in designing your custom dream home. Lot sizes vary from .5 acres to 2.6 acres. Easy access to the 401, 115 and 407 ETR make for the perfect location. Only a short commute to the GTA. Enjoy shopping and dining in the close by towns of Port Hope (15 mins) and Newcastle (15 mins). Ski at Brimacombe in the winter months and explore parks and Lake Ontario in the summer. www.bauerestateshomes.ca **** EXTRAS **** Legal Desc: LOT 9, PLAN 39M949 SUBJECT TO AN EASEMENT IN GROSS OVER PART 9, PLAN 39R14425 AS IN ND231680 SUBJECT TO AN EASEMENT IN GROSS OVER PART 9, PLAN 39R14425 AS IN ND231880 MUNICIPALITY OF PORT HOPE (id:39198)
Location
Province
Ontario
City
Port Hope
Address
Lot 9 Winfield Dr
Postal Code
L9A3V5
Location Highlights
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Listed by
EXIT REALTY LIFTLOCK 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
$595,000
Asking Price
$595,000
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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