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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,999
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
Opportunity knocks with this stunning turn key property. Well established high level Horse Boarding facility with instant income stream on over 61 Acres Of Tranquility. Fantastic Quiet Location Close To 401, 407, 115/35, Shopping, Schools And All Amenities. Multiple Pastures And Large Fenced Paddocks With 3 Horse Shelters ('15,'17,'22). The Property Grows It's Own Hay! Enjoy A 30 X 90 Ft 5 Stall Barn With Hay Storage, Wall To Wall Matting. This Property Offers A 40 x 120 Ft Covered Training Arena, 100 x 200 Ft Outdoor Riding Arena, 60 Ft Round Pen, 16 X 40 Foot Shop, & On Property Trail. Upgrades Include Barn Siding '17, Horse Stalls '17, Over 5000 Ft Of Wood Fencing ('15-'18). The Spacious home features 4 bedrooms and large principal rooms overlooking the farm.The sprawling main floor is flooded with light and features two walkouts. Spread out in the large family kitchen w breakfast bar and pantry, a bright breakfast area, a cozy living room with fireplace, a huge family room with gorgeous vaulted ceilings and bright formal dining. Downstairs enjoy a 4th Bedroom, lg Unfinished Rec Area, Utilities and Workshop. This Gorgeous Home Has Many Recent Updates Including Front Door '23, Patio French Doors '23,Roof (House & Garage)'22, Kitchen & Appliances '21, Flooring '22, Bedroom Window '19, Paint '22, Lighting '22. Plus So More Much To See! **** EXTRAS **** See attached Features List and Floor Plan. Note: Showing Fee of 40% for offers submitted after a viewing with Coldwell Banker 2M Realty (id:39198)
Location
Province
Ontario
City
Clarington
Address
5728 Gilmore Rd
Postal Code
L0A1J0
Location Highlights
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Listed by
COLDWELL BANKER 2M 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
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
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Financial Information
Yearly Rate
$1,999,999
Asking Price
$1,999,999
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)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
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Market Competition
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