1/24KG1474 Georgian Bay, Killarney
KG1474 Georgian Bay, Killarney, ON P0M2A0
$495,000 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
US — Urban Services
$ / SF
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Occupancy
99%
About this property
NORTHERN GEORGIAN BAY PRIVATE ISLAND. Own your own private island with some of the most stunning vistas Georgian Bay has to offer! This 1.1-acre private island showcases the iconic beauty of the Bay — smooth pink and grey granite outcrops swept clean by waves, with the vast, open expanse of Georgian Bay as your backdrop. Strategically sited to capture the view is a historic 2-bedroom cabin, built in the 1930s and in continuous cottage use since then. Access is 13.5 miles by boat from the quaint fishing village of Killarney. Protected dockage offers peace of mind in all weather. A rare opportunity to own a true piece of Georgian Bay heritage. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$38K
Annual cash flow
$10K
Cash-on-cash
7.01%
DSCR
1.38
Going-in cap
7.64%
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
80,977
Households
34,581
Median income
$96,000
Median age
44
Daytime population
130,199
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for KG1474 Georgian Bay, Killarney.
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.