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Land For Sale at PT LT 6 BASELINE Road in Grey Highlands, Ontario

4 Sale ID #215461
Updated 03 May 2024

Asking Price

$299,000

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

Discover tranquility on this spacious 2-acre lot nestled within the serene beauty of Grey Highlands. Adorned with lovely maple trees, this property offers a rare opportunity for those seeking a pristine building lot in the area. Set on a quiet dead-end road, it provides a peaceful backdrop for your future home. With potential for a walkout basement, ample room for a workshop, and even a treehouse for the little ones, there's plenty of space to bring your dreams to life. Enjoy the desirable east-west orientation for soaking in sunrise and sunset views. Conveniently located between Markdale and Flesherton, and just a short drive from Irish Lake, this property offers the perfect blend of rural tranquility and accessibility for your family's enjoyment. **a laneway on the neighboring property (vacant land) has given permission to park and walk into this parcel from the south side for convenience. All access is at a buyers own risk and liability. Front corner boundaries marked with additional pink wooden stakes. (id:39198)

  • MLS® : #40554164
  • Date Listed : 15 Mar 2024

Location

Province

Ontario

City

Grey Highlands

Address

Pt Lt 6 Baseline Road

Postal Code

N0C1H0

Location Highlights

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Listed by

RE/MAX SUMMIT GROUP REALTY BROKERAGE 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

$299,000

Asking Price

$299,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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