For Sale · Land

LOT 3 AMBERWING COURT, Norfolk (Courtland)

LOT 3 AMBERWING COURT, Norfolk (Courtland), ON N0J1E0

$324,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

About this property

Welcome to Amberwing Court, an exclusive new development in the Village of Courtland featuring just 12 building lots along a quiet street ending in a cul-de-sac. Lot 3 offers a great opportunity to purchase your own lot and build the home you've been dreaming of. With sidewalks, desirable southern exposure, and a thoughtfully planned neighbourhood setting, Amberwing Court is designed with quality and community in mind. Covenants and restrictions are in place to help maintain a consistent standard of quality throughout the development and protect the character and appeal of the neighbourhood for years to come. Secure your lot and start planning your new home in Courtland! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$324K
Down payment30% · $97K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-5K

Cash-on-cash

-4.64%

DSCR

0.75

Going-in cap

4.15%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

109,879

Households

43,328

Median income

$109,500

Median age

33.1

Daytime population

126,242

5-yr growth

1.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for LOT 3 AMBERWING COURT, Norfolk (Courtland).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.