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Business for sale in Canada - Land development project in mont-tremblant region of quebec

Asking Price: 2,500,000 $ CDN Real Estate: Ownership
Sales Revenue: 1 $ CDN
Net Profit: 1 $ CDN
Year Established: 2006
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
Canada/Quebec/Montreal

Business types:

Real estate

Business categories:

Residential Properties

Business description

This project was initially planned to be built in 3 phases and was bought out by the existing owner half way through Phase 1. The existing owner is offering the remaining lots in Phase 1, the model home and all of the land planned for Phases 2 and 3. It is estimated that 42 lots ranging from 44,000-80,000 sq ft could be sold for $4-5 per sq ft. The 4,000 sq ft model home is ultra modern and currently rented to a project watchman. This model home is estimated to be worth in the range of $500,000.00. The existing owner has also built a 5,000 sq ft home in Phase 1 valued at $700,000 that he intends to keep. The roads conform to all required standards and hydro is available to complete all of Phase 1 construction. All municipal approvals are in place to finalize Phase 1. Promotional materials, media write-ups and detailed plans are available upon request from bhall@buymanagesellabiz.com

Additional information

Additional information: Not Disclosed
Support & training: As required
Reasons for selling: Other primary business interests
Financing available: Will consider
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 $ CDN
Location: 100 acres...4 million sq ft

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