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Benefits
Asking Price
$349,900
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
Welcome to a truly unique opportunity to own a piece of history in the vibrant heart of Tamworth. This exceptional all-brick church, steeped in character and charm, is ready to embark on a new journey with its future owners. Whether you envision running it in its continued use or transforming this magnificent space into your dream home, the possibilities are boundless. As you enter, be captivated by the breathtaking high ceilings that create an open and airy atmosphere, complemented by the mesmerizing stained glass windows that infuse the space with colorful, ethereal light. The expansive main floor offers a generous canvas for your imagination, providing ample room to bring any vision to life, from a unique residential haven to a thriving community hub. Descend to the finished lower level, where additional versatile space awaits your creative touch. Complete with a fully equipped kitchen and two half baths, this area offers incredible potential for further expansion, entertaining, or converting into a cozy retreat. Nestled in a prime location, this property is conveniently close to all amenities, offering easy access to local shops, restaurants, and schools. Embrace the tranquility of nearby Beaver Lake, perfect for leisurely swims and outdoor activities. This beautiful church is the perfect canvas for your dreams to become reality. Schedule a viewing today and imagine the future that awaits you in this lovely space. New Furnace Dec 2025 (id:39198)
Location
Province
Ontario
City
Stone Mills
Address
Neely
Postal Code
K0K3G0
Location Highlights
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Listed by
MCCAFFREY REALTY INC., 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
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
$349,900
Asking Price
$349,900
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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