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Ranch For Sale at 5253 RIVER ROAD in Horton, Ontario

updated New
4 Sale ID #227591
Updated 03 May 2024

Asking Price

$939,000

Cap Rate help 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

Welcome to your dream equestrian or hobby farm oasis! This stunning property spans 27.63 acres nestled near the scenic Ottawa River. The charming log home, offers a rustic yet comfortable retreat. With 4 bedrooms and 2 bathrooms, there's ample space for family and guests. Step inside to discover a cozy living space with a propane fireplace, perfect for chilly evenings. The open concept design creates an airy atmosphere. A rec room provides extra space for entertainment or relaxation. Outside, the possibilities are endless. The property features cleared, usable fields, ready for your equestrian endeavors or hobby farm aspirations. For those with a passion for tinkering or a need for storage, a huge shop awaits. Whether it's housing equipment, crafting projects, or storing farm essentials, this versatile space is sure to impress. Escape the hustle and bustle and embrace a lifestyle of tranquility and natural beauty. Schedule your viewing today and turn your dreams into reality! (id:39198)

  • MLS® : #1386881
  • Date Listed : 16 Apr 2024

Location

Province

Ontario

City

Horton

Address

5253 River Road

Postal Code

K7V3Z8

Location Highlights

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Listed by

ROYAL LEPAGE TEAM REALTY Ontario listing

Category

agricultural-properties ranches

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$939,000

Asking Price

$939,000

Cap Rate help 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 help 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 help 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 help 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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