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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,899,000
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
Heritage Harbour Executive Live/Work Opportunity In The Heart Of Bronte. Imagine The Financial Freedom Of Owning Your Own Home And Commercial Retail/Office. The Midship Model Offers 2,282 Sq. Ft. Including 400Sf Commercial Space Located At Street Level. Open Concept Floor Plan With 3 Brs, 2.5 Baths, 2nd level Laundry, Stunning Gourmet Eat In Kitchen With Granite Ctrs & High End Stainless Steel Apps. 10' Ceilings On Main Floor And Crown Molding, Pot Lights, W/ Brushed Nickel Hardware. 580 Sq.Ft. Private Roof Top Terrace Offers Great Views Of Bronte Harbour Perfect For Entertaining family and friends. Enjoy The Waterfront Trails Marinas, Parks, Shops And Restaurants Bronte Village Has To Offer Or Make It An Income Producing Property. The Choice Is Yours Rent Both The Upstairs & Downstairs As A Pure Investment Or Live Upstairs And Rent The Street Level Commercial To Help Pay The Mortgage... Commercial Space Currently Hair Salon *2 Separately Metered Hydro Meters* Tenant has approx. 1 year remaining on lease. (id:39198)
Location
Province
Ontario
City
Oakville
Address
116 Bronte Road
Postal Code
L6L3C2
Location Highlights
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Listed by
Royal LePage Real Estate Services Ltd., Brokerage Ontario listing
Category
Property Information
Premise Status
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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
2,282
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
$1,899,000
Asking Price
$1,899,000
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.
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)
2,282
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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