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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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 Port Dover building lot opportunity! Rare shovel-ready lot with approved building permit, paid building permit fees with full drawings, ready for construction. Land sale only - construction is a separate optional arrangement. Set along sought-after New Lakeshore Road, this 0.19-acre (70 x 120) residential lot offers a unique chance to bring your dream home or investment project to life in one of Norfolk's most desirable lakeside communities. The approved house plans feature a single detached bungalow design with three bedrooms on the main level and two additional bedrooms in the finished basement, including a separate entrance and full bathroom-ideal for extended family or income potential. The property is level, fully grassed, and equipped with natural gas, hydro, and high-speed internet at the road-making it an ideal, ready-to-go site. Just steps from Lake Erie and surrounded by serene rural views, this location blends peaceful country living with quick access to Port Dover's shops, marinas, golf, and dining. A rare turnkey opportunity for those seeking the perfect balance of convenience, lifestyle, and build readiness near the water. (id:39198)
Location
Province
Ontario
City
Norfolk
Address
New Lakeshore
Postal Code
N0A1N3
Location Highlights
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Listed by
RE/MAX ESCARPMENT REALTY INC. 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
$199,900
Asking Price
$199,900
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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