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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,149,900
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
Lot Size
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Building Size
N/A
Premise Summary
Welcome to a breathtaking 32-acre horse farm nestled in the hamlet of Heathcote, where equestrian dreams come to life. The heart of this property is a delightful 3-bedroom, 1-bathroom home, spanning 2,400 square feet. Stepping through the front door, you'll be greeted by the original crown molding, interior doors, and a stately stair banister that exude timeless charm. The residence offers a cozy retreat with modern conveniences, providing a perfect balance of comfort and character. Noteworthy features include a Generac backup generator installed in 2020, ensuring peace of mind. For horse lovers, this property is a dream come true. The estate features an expansive indoor riding arena, allowing year-round training and exercise for both riders and their equine companions. Additionally, two outdoor riding rings provide versatility and space for various equestrian activities. The meticulously designed layout includes five well-maintained paddocks, offering ample space for grazing and outdoor recreation. A 13-stall barn, complete with a second-floor tack room, reflects the commitment to quality and functionality. Beyond the equestrian facilities, this property offers practical amenities such as a three-bay driving shed, adding convenience for equipment storage or additional shelter for vehicles. Whether you're a seasoned equestrian professional or simply seeking a serene country lifestyle, this horse farm offers an unparalleled opportunity to indulge your passion for horses while enjoying the comforts of an inviting home. AN EXTENSIVE LIST OF FEATURES IS AVAILABLE. (id:39198)
Location
Province
Ontario
City
Clarksburg
Address
236787 13 Grey Road
Postal Code
N0H1J0
Location Highlights
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Listed by
RE/MAX Realtron Realty Inc. Brokerage 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
2,400
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
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Current Owner - years
N/A
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
$2,149,900
Asking Price
$2,149,900
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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,400
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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