For Sale · Land

281140 SHOULDICE BLOCK ROAD, Georgian Bluffs

281140 SHOULDICE BLOCK ROAD, Georgian Bluffs, ON N0H2K0

$499,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

85%

About this property

Discover the possibilities with this 100-acre property located in Bruce County, on Shouldice Block Road. Offering a desirable combination of mixed bush and a substantial portion of rural-zoned land, this expansive parcel presents an exciting opportunity to create your own recreational retreat or explore its potential for agricultural use.Ideally situated off a paved road, the property offers convenient access to the nearby community of Shallow Lake and is approximately 20 minutes from both Owen Sound and Wiarton. Whether you're envisioning a private outdoor escape or simply looking to secure a substantial piece of Bruce County countryside, this property offers plenty of room to dream and plan for the future.With its natural landscape, generous acreage, and flexibility for a new vision, this is an opportunity to make a remarkable piece of land your own. Bring your hiking shoes and take the time to explore! Wander through the property, appreciate its natural features, and start imagining the possibilities that come with owning 100 acres of your very own. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$-7K

Cash-on-cash

-4.84%

DSCR

0.74

Going-in cap

4.09%

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

135,645

Households

48,366

Median income

$136,000

Median age

38.3

Daytime population

153,518

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 281140 SHOULDICE BLOCK ROAD, Georgian Bluffs.

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.