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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,000
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
Embrace the possibilities with this spacious 2.731-acre parcel on Lorimer Lake Road North, perfectly positioned in the heart of Dunchurch within the Municipality of Whitestone. This generous lot offers a blank canvas for your future, whether you're envisioning a peaceful year-round residence or a seasonal escape from the hustle and bustle. Surrounded by forests, lakes and endless sky, this location is ideal for anyone seeking a lifestyle rooted in nature. With year-round municipal road access, your property stays connected and accessible in every season. The area is rich in outdoor opportunities, from paddling and fishing in nearby lakes like Lorimer, Whitestone and Wahwashkesh, to snowmobiling, hiking and wildlife watching right from your doorstep. Dunchurch is a warm and welcoming community offering essential services, a public boat launch and community events that make it easy to feel at home. And with Parry Sound just a short drive away, you're never far from urban amenities, hospitals, big-box stores and the shores of Georgian Bay. If you've been dreaming of a life in Northern Ontario's great outdoors, this property is your chance to make it happen. Peace, privacy and potential await. (id:39198)
Location
Province
Ontario
City
Whitestone
Address
Lorimer Lake
Postal Code
P0A1G0
Location Highlights
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Listed by
Royal LePage Team Advantage 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
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
$139,000
Asking Price
$139,000
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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