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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,900
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
You will love this 5+ Acre lot situated in the heart of beautiful Sundridge. Popular tourist destination in both the winter and summer months. Enjoy a variety of activities all year long including swimming, boating and fishing ( trout, yellow perch, small mouth bass) in Lake Bernard which is over 2.5kms in width depths just minutes away from the property- The largest freshwater lake in the world without an island with depths of 18m-44ft. Lions Park Boat Launch is available to the public Free of charge. Enjoy kayaking, canoeing, camping, hiking, as well as the ATV trails and snowmobiling in the winter as the OFSC trail is just down the road. Potential to build your dream cottage oasis, retreat or hunt camp-wide range of wildlife for your hunter enthusiasts- Deer, Moose and Bear. This property has a dug well and driveway established. Don't let this chance to own a piece of paradise away from the hustle and bustle of everyday life pass you by! (id:39198)
Location
Province
Ontario
City
Sundridge
Address
Part Lot 4 9 Concession
Postal Code
P0A1Z0
Location Highlights
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Listed by
Royal LePage In Touch Realty, Brokerage (Hwy 93) 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
$139,900
Asking Price
$139,900
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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