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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
Premium residential building lot located on Crimson Lane in the highly desired village of Port Sydney, Muskoka. The hamlet of Port Sydney sits on the shores of Mary Lake, which include is part of a chain of lakes with over 40 miles of boating. The lot is only minutes away from a beautiful sand beach and boat launch on Mary Lake, where there is great swimming and boating. Other features in the area include North Granite Ridge Golf Course, which is less than a minute away, shopping, easy access to Hwy 11, and both towns of Huntsville and Bracebridge, among others. Services to this lot include economical natural gas for heating, Cogeco cable, Lakeland high-speed fibre optic, and hydro. This 1-acre lot is level with a cleared building site and driveway, plus the lot includes a new drilled well - these items will save you thousands of dollars when building! Crimson Lane is a private year-round dead-end road, adding to your privacy; annual year-round maintenance is $819.41 per lot. Call for additional info. This is a newly created lot - taxes/assessment to be determined. HST is included in the asking price. A great location for your new home! Don't have a builder? Not familiar with the building process? We work with an experienced custom home builder who is familiar with the development. Build this year or hold for the future. (id:39198)
Location
Province
Ontario
City
Huntsville
Address
Crimson
Postal Code
P0B1L0
Location Highlights
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Listed by
Sutton Group Muskoka 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
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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
$299,900
Asking Price
$299,900
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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