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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,125,000
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
Current Use & Future Use Opportunity! Whatever path you choose today, please make note of the future value of this property as it falls under the re-development plan for Guelphs Downtown Secondary Plan. Also, another huge value add for this property is a large parking lot at the rear, capable of parking anywhere between 5 10 cars depending on the setup. The property has been completely renovated. With 4 bright bedrooms and a beautiful open concept living room kitchen. The gorgeous Paragon Kitchen is perfectly designed.The property is zoned D.2 which allows for a wide variety of uses. You name it and it can be it. This is the perfect opportunity to buy & hold while renting this as an income property. The possibilities are endless. Currently tenanted with excellent tenants. (id:39198)
Location
Province
Ontario
City
Guelph
Address
81 Surrey St E
Postal Code
N1H3P7
Location Highlights
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Listed by
ROYAL LEPAGE ROYAL CITY REALTY LTD. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,326
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
$1,125,000
Asking Price
$1,125,000
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)
1,326
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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