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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,199,900
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
N/A
Building Size
N/A
Premise Summary
Start your day with horseback riding, making each morning a picturesque start to your dream lifestyle. Enjoy tranquility with three fenced paddocks, a barn with two stalls, elegantly angled shed, a refreshing pool, and a beautiful gazebo. Lounge poolside, tend vegetables in the fenced garden, and relish serenity on the delightful deck. Embark on your dream of countryside living on this 7.75-acre retreat, featuring a 1.5-storey farmhouse with enduring wood allure. Original Douglas Fir floors grace the kitchen and dining, showcasing durability. The sunroom boasts a Herringbone red oak floor, while repurposed hardwood forms an accent wall and white oak baseboards add rustic charm. Walnut Butcher Block countertops warm the kitchen, and Knotting Pine paneling decorates the staircase. This home, a testament to craftsmanship and timeless elegance, invites you to a space where every detail narrates a story. Don't miss the chance to own this captivating blend of home, land and equestrian bliss. (id:39198)
Location
Province
Ontario
City
Norfolk
Address
1174 Norfolk County Rd
Postal Code
N4B2W4
Location Highlights
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Listed by
RE/MAX ULTIMATE REALTY INC. 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
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
N/A
Financial Information
Yearly Rate
$1,199,900
Asking Price
$1,199,900
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.
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
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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