Business For Sale · Land

245097 5TH SIDE ROAD, Amaranth

245097 5TH SIDE ROAD, Amaranth, ON L9W2Z3

$999,999 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

95%

Lot Size

42 ac

About this property

NEWLY APPROVED SURPLUS FARM LAND SEVERANCE. Motivated Sellers. Are you a bona fide farmer looking to add to your operation in Dufferin County? Look no further than this 42 acre parcel of prime agricultural land in Amaranth. Currently being worked by a tenant farmer, this would be a great addition to any local operation. A new farm entrance has been installed on 4th Line. No residential building will be permitted on this land. Purchaser must be a bona fide farmer with a current farming operation. House, outbuildings and approximately 3 acres of land around them not included in sale. Taxes not yet assessed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$48K

Annual cash flow

$-7K

Cash-on-cash

-2.34%

DSCR

0.87

Going-in cap

4.84%

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

81,379

Households

32,365

Median income

$130,000

Median age

37.2

Daytime population

112,193

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 245097 5TH SIDE ROAD, Amaranth.

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.