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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,599,000
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
Rare opportunity to own a landmark Equestrian centre on over 20 acres of farmland on the Beamsville Escarpment! Prime location with 1000' of frontage and 3 km to town and 6 km to QEW. The main farmhouse was built in 1880 and features an oversized, enclosed front porch in which to sit and enjoy endless views of the countryside. Enter into the spacious living room from which to greet family and friends. Formal dining room with tin ceiling looking over the deck at the back of the home. Country kitchen, laundry room, storage and guest bath off front part of house. The main floor continues with additional family room currently being used as an office and additional sitting/dining rooms, a second enclosed porch and additional storage space. The piece de resistance is the huge deck accessible from the dining room on the main level. The deck overlooks the vast heart-shaped pond with waterfall and is perfect for dining, grilling and entertaining in the serenity that surrounds this property while enjoying majestic sunsets. Three bedrooms up plus family bath and additional storage. The property has 2 driveways , one leading to the main house and the other to several barns, a large riding arena, an outdoor riding ring and outbuildings. There is a long history of rental income. Barns were built in 1900 and 1968. Property is serviced by several wells, has natural gas, septic tank and bed at house and 2 additional tanks for barns and apartment. Property is being sold in as is/where is condition. Long term development prospects or build your dream estate! Endless possibilities! (id:39198)
Location
Province
Ontario
City
Lincoln
Address
3814 Mountain Road
Postal Code
L3J2C6
Location Highlights
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Listed by
ROYAL LEPAGE NRC REALTY 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
1,786
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
$1,599,000
Asking Price
$1,599,000
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)
1,786
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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