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Land For Sale at NA PICKEREL & JACK LAKE Road in Burks Falls, Ontario

4 Sale ID #190258
Updated 29 Apr 2024

Asking Price

$243,900

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

PERFECT ACREAGE FOR NATURE LOVERS! Plenty of wildlife including deer and moose! Enjoy the wildlife, and take advantage of having a trailer already situated on the property to enjoy quiet nights. Beautiful large acreage just minutes to Burk's Falls on a year round paved road. This 70 acres gives spectacular views of the distant hillsides and rolling land. The natural gas pipeline provides large clearings the length of the property with mature bush remaining. There is an unopened road allowance that runs along the west boundary of the property which may give opportunities for building or severance. An access permit has been granted by the township to allow for the installation of a driveway. There is a one bedroom trailer on the property that is included in the purchase which provides all of the comfort of home! A spacious living area, generous kitchen and 3 piece bathroom. 2001 Northlander providing 2 entries to a quiet lovely home away from home to kick up and relax! (id:39198)

  • MLS® : #40523599
  • Date Listed : 21 Dec 2023

Location

Province

Ontario

City

Burks Falls

Address

Na Pickerel & Jack Lake Road

Postal Code

P0A1C0

Location Highlights

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Listed by

REALTY EXECUTIVES PLUS 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

$243,900

Asking Price

$243,900

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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