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Land For Sale at PT LT 31 CON 2 SCD STONE SCHOOL Road in South Bruce Peninsula, Ontario

4 Sale ID #190553
Updated 03 May 2024

Asking Price

$725,000

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

This expansive 34-acre property nestled in a quaint village offers a remarkable opportunity for various lifestyle pursuits and investment potential. A significant portion of the land backs onto a picturesque golf course, setting a peaceful and scenic backdrop for daily living. Some of the acreage is currently rented out for crop production, which could provide a steady source of income. Its proximity to local amenities combines the tranquility of rural living with the convenience of urban necessities. The potential for future development could be of great interest to those looking to invest, or you could establish a charming hobby farm. Its closeness to skiing and walking trails enhances its appeal, offering year-round outdoor recreational activities. This property truly caters to a wide range of needs and desires. (id:39198)

  • MLS® : #40522421
  • Date Listed : 22 Dec 2023

Location

Province

Ontario

City

South Bruce Peninsula

Address

Pt Lt 31 Con 2 Scd Stone School Road

Postal Code

N0H2T0

Location Highlights

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Listed by

SUTTON-SOUND REALTY INC. Brokerage (Wiarton) 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

$725,000

Asking Price

$725,000

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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