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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,799,900
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
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Building Size
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Premise Summary
Attention hobbyist, horse lovers & buyers looking for a rural retreat! This Charming horse & hobby farm in the Hamlet of Lowville, features a fully renovated home, bank barn, garage, studio/workshop, paddocks, gardens, orchard, ponds & more! Backing on to parkland, this 31/2 acre property is situated steps to the Bruce trail, Bronte Creek, minutes from Burlington’s amenities w/ convenient commuting to the hwy & Go Train. This beautiful 2545 sqft 2 storey home w/ wrap-around porch was fully renovated maintaining the character of the century home adding modern conveniences! Ideal for entertaining, the gourmet kitchen features custom cabinetry, pantry area, lg island & SS appliances. Main floor has 9’ ceilings, hardwood flooring, open concept living rm & kitchen area, sep. dining room, office or 4th bdrm & lovely bright breakfast rm. 2nd level consists of 3 very spacious bedrms, teak hardwd flooring, 10ft ceilings & a gorgeous bathrm w/ soaker tub & glass shower. Bsmt has sep. entrance w/ mudrm, laundry area, craft rm, storage & fully fin. rec room. This country property is heated by gas! It only starts there, w/ ample parking, a det. garage, workshop & additional outbuildings! For horse/animal enthusiasts & nature lovers, there's a well maintained bank barn w/ 4 horse stalls including a run-in stall, (could be suitable for many different types of animals) with tack room & feed area. The upper level has a 2 storey hay loft reinforced to drive in to & it’s own secondary lane! This space could have many other uses including storage & recreational purposes! The beautiful property has 3 fully fenced paddocks, fruit trees, veg & flower gardens, an enchanting pond & a patio area w/ fire pit. This unique & rare NATURE LOVERS PARADISE is ideal for many types of buyers especially those that appreciate seeing their horses, ponies or menagerie of choice in their own yard! Possibly retired horses or watching your own children enjoy the outdoors! Don’t miss out on this opportunity! (id:39198)
Location
Province
Ontario
City
Burlington
Address
6155 Guelph Line
Postal Code
L7P0A6
Location Highlights
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Listed by
RE/MAX TWIN CITY 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
2,545
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
$1,799,900
Asking Price
$1,799,900
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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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)
2,545
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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