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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,000
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
INCREDIBLE VALUE WITH THIS VERY AFFORDABLE PROPERTY SURROUNDED BY WILDLIFE JUST NORTH OF THE COMMUNITY OF BALTIMORE. ASSESSMENT VALUE $89,000 IN 2024 AS PER GEO WAREHOUSE REPORT. POTENTIAL TO POSSIBLY BUILD YOUR DREAM HOME ONE DAY ON THIS AMAZING PARCEL OF LAND WITH JUST OVER ONE ACRE. SHORT DRIVE NORTH OF THE BEAUTIFUL TOWN OF COBOURG AND IT'S AMAZING BEACH. DUE DILIGENCE REQUIRED WITH ALL ASPECTS OF THIS PROPERTY. BUYER IS ADVISED TO GET IN TOUCH WITH THE OFFICE OF HAMILTON TOWNSHIP FOR MORE DETAILED INFORMATION. BEING SOLD AS IS! BUYER IS ADVISED TO PERFORM THEIR DUE DILIGENCE. **** EXTRAS **** BUY AND HOLD FOR POTENTIAL FUTURE GROWTH. GET READY TO ENJOY YOUR NEW PROPERTY AS IS ASAP WITH QUICK CLOSING. (id:39198)
Location
Province
Ontario
City
Hamilton Township
Address
. Meyers Rd N
Postal Code
K0K1C0
Location Highlights
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Listed by
REAL ESTATE HOMEWARD 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
N/A
Financial Information
Yearly Rate
$79,000
Asking Price
$79,000
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.
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
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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