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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,000
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
This 121.3-acre parcel is located in the UNORGANIZED TOWNSHIP OF BOSTON, in the District of Timisikaming. This property is located between the towns of Kirkland Lake and Englehart. Kirkland Lake is 15km north of the subject property and Englehart is 20km South.According to satellite images, there is a logging road that gives you access in the non-winter months by a 4x4 vehicle. This logging road starts at highway 112, which is roughly 8 km west of the subject property. **Please note: sections of this trail goes through private land. According to the contour maps, the surrounding area is relatively flat and dry.There are many small lakes, ponds, creeks and rivers accessible through crown land.The largest lake in the area is Round Lake.Round Lake has a surface area of 3,000 acres (1,213 hectors)It has an average depth of 60 feet (18 meters) and a max depth of 118 feet (36 meters). Rivers and Creeks in the area include:Boston Creek Mousseau Creek, and The Blanch River. The property is 121.3 acres in size and is made up of three parcels of land.Parcel 19263 = 39.6-acres, Parcel 19264 = 36-acres, Parcel 19265 = 45.7-acres SURFACE RIGHTS, & TREE RIGHTS COME WITH THIS PROPERTY other than the "Pine Rights" which are reserved to the Crown.MINERAL RIGHTS DO NOT COME WITH THIS PROPERTY AS THEY ARE WITH THE CROWN.. (id:39198)
Location
Province
Ontario
City
Kirkland Lake
Address
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Postal Code
P2N3R2
Location Highlights
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Listed by
HOMELIFE OPTIMUM REALTY 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
$99,000
Asking Price
$99,000
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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