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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,000
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
Own Your Private Paradise: A Breathtaking 15.7-Acre Island on Shoal Lake. Owned to highwater mark. Very near mainland parking/docking. Embrace a rare opportunity to claim your very own island oasis nestled in the pristine waters of Shoal Lake. Spanning 15.7 acres, this untouched natural gem offers boundless potential and serenity. Stunning Landscape: Elevated terrain provides sweeping panoramic views of the sparkling lake—perfect for sunset watching, stargazing, or simply soaking in nature's beauty. Versatile Building Opportunities: Design your dream retreat with multiple prime building locations, ideal for cottages, cabins, or guest homes. The island’s profile supports a range of architectural visions. Boater’s Delight: Enjoy deep water on all sides for secure docking, swimming, and seamless lake adventures. Low Ownership Costs: Exceptional value with annual taxes of just $500.76 (2024), including mining taxes—affordable luxury at its finest. Year-Round Accessibility: Easily accessible year-round with a short, scenic boat ride from the mainland in the warmer months, and convenient access via ice during winter. Your escape is closer than you think. Unmatched Peace & Privacy: Whether you seek a quiet sanctuary, a family compound, or an investment in nature, this island offers an unparalleled blend of tranquility and possibility. (id:39198)
Location
Province
Ontario
City
Kejick
Address
Shoal
Postal Code
P0X1E0
Location Highlights
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Listed by
CENTURY 21 NORTHERN CHOICE REALTY LTD. 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
$399,000
Asking Price
$399,000
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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