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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,299,000
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
Discover the perfect canvas for your dream home in the heart of Niagara-on-the-Lake. This extraordinary landscaped lot boasts an expansive 76x210 feet of prime real estate, an exceptionally rare find in this charming town. Perfectly located only blocks away from Queen Street, you'll have easy access to all the quaint shops, dining, and cultural attractions this historic town has to offer but just far enough to avoid Busy Summer Days if desired. Enjoy leisurely strolls to the waterfront, where you can soak in breathtaking views of Lake Ontario. Golf enthusiasts will appreciate the proximity to world-class golf courses, making it a golfer's paradise. With such an ample lot size, your imagination is the only limit when it comes to designing your dream home. Whether you envision a sprawling estate, a luxurious modern retreat, or a charming cottage, this lot provides the space and potential to bring your vision to life. Don't miss this once-in-a-lifetime opportunity to secure a piece of Niagara-on-the-Lake's coveted real estate. Act quickly, as lots of this size and quality rarely become available. Seize the chance to create your own haven in this picturesque and historic town. Contact us today to schedule a viewing and start turning your dreams into reality! (id:39198)
Location
Province
Ontario
City
Niagara On The Lake
Address
Victoria St - Lot 1
Postal Code
L0S1J0
Location Highlights
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Listed by
REVEL Realty Inc., Brokerage 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
$1,299,000
Asking Price
$1,299,000
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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