For Sale · Land

571 HIGHWAY 518, Seguin

571 HIGHWAY 518, Seguin, ON P2A0B2

$135,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

83%

About this property

Looking for wooded acreage close to Parry Sound? 571 Highway 518 in the Orrville area of Seguin, you'll find 8.62 acres of mixed hardwoods and softwoods, with Parry Sound about a 10-minute drive away. The lot has 512 feet of frontage along Highway 518 and stretches 932 feet back from the road. If you're exploring off-grid options, hydro is unavailable, and the property has no water or sewer service. Survey is available. (id:66811)

Financial sandbox

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Estimate
Purchase price$135K
Down payment30% · $41K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$623

Projected NOI

$5K

Annual cash flow

$-3K

Cash-on-cash

-6.82%

DSCR

0.63

Going-in cap

3.50%

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

128,159

Households

54,040

Median income

$106,500

Median age

45.7

Daytime population

179,217

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 571 HIGHWAY 518, Seguin.

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.