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Land For Sale at V/L BOUFFARD in Lasalle, Ontario

New
4 Sale ID #228935
Updated 06 May 2024

Asking Price

$199,900

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

ATTENTION INVESTORS, THOSE LOOKING TO BUILD THEIR DREAM HOME OR HOBBYISTS! PRIME LASALLE LOCATION FOR THIS UNIQUE PROPERTY. 1545 BOUFFARD, LOCATED CLOSE TO THE LASALLE CONVENIENCES, SCHOOLS. TRAILS, ESSEX GOLF, USA BORDER, SITTING ON APPROX 150 FRONTAGE X 200 DEPTH (4 PARCELS), THIS 3 BEDROOM, 1 BATH HOME OFFERS THE CHANCE TO PERHAPS ADD-ON, OR CREATE YOUR OWN DREAM HOME, OR INVESTORS MAY ADD INCOME STREAM WITH ADU'S OR SEMI'S! NOTE, ENTIRE PARCEL MUST BE PURCHASED TOGETHER. THERE IS A DRAIN ON THE WEST SIDE OF VACANT LAND. BARN IS USED FOR STORAGE PURPOSES. RTA APPLIES. TENANT PAYING $700/MTH PLUS HYDRO, GAS, WATER. VALUE IS IN THE LAND! MUST BE PURCHASED WITH 24008296 (TOTAL PRICE $679,900) (id:39198)

  • MLS® : #24008300
  • Date Listed : 22 Apr 2024

Location

Province

Ontario

City

Lasalle

Address

V/l Bouffard

Postal Code

N9J1H1

Location Highlights

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Listed by

MANOR WINDSOR REALTY LTD. - 455 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

$199,900

Asking Price

$199,900

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

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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