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Land For Sale at Part 1 & Part 2 23R-14679|Little Sand La in Minaki, Ontario

4 Sale ID #66414
Updated 28 Apr 2024

Asking Price

$140,000

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

Located a 10-min boat ride from the marinas of Minaki, this water access property offers exceptional privacy, spectacular sunsets and has access to all the desired amenities. * 3.68 acres patent land, thick tree cover * 174 feet of rock shoreline (western boundary) * South boundary 1,000 feet deep * North boundary 949 feet deep * 164 feet across the rear (eastern boundary) * Exceptional privacy; crown land to the north and east * West exposure * Hydro and telephone service nearby * Septic system approved * Low profile with a gentle rise up to build sites * Shoreline boulders; ideal for cribs and securing docks * Only required building permits are for electrical and septic * Unorganized territory with low taxation and freedom to build (id:39198)

  • MLS® : #TB220651
  • Date Listed : 04 Apr 2022

Location

Province

Ontario

City

Minaki

Address

Part 1 & Part 2 23r-14679|little Sand La

Postal Code

P0X1J0

Location Highlights

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Listed by

RE/MAX FIRST CHOICE REALTY 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

$140,000

Asking Price

$140,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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