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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,000,000
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
Extremely unique & versatile mixed-use opportunity on 2.11 acres has high-visibility for shop, yet privacy for home. Custom 3+1BR 2Bath bungalow offering 1391 sq ft on the main floor, plus 1391 sq ft finished lower-level guest unit-ideal for multi-generational living or income potential. Great floor plan & features in the airy, bright main floor living level, with upgraded kitchen, a large picture window in Liv Rm with tranquil views over the manicured grounds & forest. Stroll to your beautiful sparkling creek with trout & salmon. The property includes a large carport over a concrete slab, perfect for parking or covered outdoor relaxation, as well as a detached Shop to the south, currently rented to a craftsman, an ideal space for artisans, hobbyists, employment. The Home is well set back from the road on the north side protected by forest, offering privacy, while the Shop is further to the south & benefits from visibility/exposure on a main road. Approximately 163 ft of frontage. Zoned: Development, Environmental Conservation (EC), GM/Industrial, Employment Lands, allowing a wide range of potential uses (buyer to verify locations/uses for zoning or development). Opportunities may include live/work, shop for a small-scale industrial or manufacturing use, warehouse or logistics, commercial, office, retail, or service-based business, or future development in coordination with planning authorities & conservation regulations. Flat, park-like Nature setting with trees and creek on city water, sewer, hydro, and high-speed internet. Convenient access to public transit, Highway 401, and VIA Rail, approximately 100 km to Toronto. Located in a growing town with ongoing residential and commercial expansion. A rare and versatile property offering flexibility, income potential, and long-term value for owner-occupants, investors, or developers. Buyer to investigate all intended uses. EC designation applies to portions of the land. Adjacent to a large Conservation Park. (id:39198)
Location
Province
Ontario
City
Cobourg
Address
William
Postal Code
K9A3A5
Location Highlights
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Listed by
CENTURY 21 UNITED REALTY INC. 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
2,782
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
$1,000,000
Asking Price
$1,000,000
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)
2,782
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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