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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$689,900
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
Exceptional Development Opportunity On Highly Desirable Town Line Road. While Suitable For A Single-Family Residence, This 2.7 Acre Property Offers Significantly Expanded Potential Under UR2 - Medium Density Residential Zoning, Which Permits A Variety Of Medium Density Residential Forms Including Residential Care Facilities And Townhomes, (Which Have Previously Been Approved On This Site) Buyer & Buyer's Agent To Verify Permitted Uses With The Town. The Lot Features A 49.98' Frontage That Widens To 130+ Ft, Extending To An Impressive 800-1000 Ft Depth (Plan Of Survey Attached). The Land Is Mostly Level, Well Treed, And Provides Outstanding Privacy, An Ideal Setting For A Thoughtful Residential Development Or Investment Project. Conveniently Located Just Minutes From Downtown Amenities Including Shopping, Dining, Parks, Recreational Facilities, Canada Summit Centre, And Numerous Other Local Attractions. This Property Offers An Excellent Balance Of Natural Surroundings And Urban Proximity. A Rare Offering With Significant Future Potential In A Sought-After Area. (id:39198)
Location
Province
Ontario
City
Huntsville
Address
Town Line
Postal Code
P1H1S6
Location Highlights
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Listed by
ROYAL LEPAGE RCR REALTY 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
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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
$689,900
Asking Price
$689,900
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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