







1/90 ISLAND LAKE, LOT 23 ROAD, Kearney, ON P0A1M0
$175,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
83%
Island Waterfront Retreat In Kearney, Ontario! Escape To Your Own Waterfront Getaway On A Beautiful Island Property In Kearney. This Cleared Vacant Land Offers The Perfect Setting For Enjoying The Outdoors, With Direct Water Access And Plenty Of Space To Relax, Explore, And Create Your Own Recreational Retreat. The Property Features A Canvas Wall Tent Set On A Platform, Providing A Comfortable Base For Seasonal Stays, Along With A Carport For Convenient Storage. An Aluminum Boat Is Also Included, Making It Easy To Enjoy The Surrounding Waterways And Embrace Everything This Area Has To Offer. Located Near Snowmobile Trails, This Property Is Ideally Suited For Outdoor Enthusiasts Looking For A Private Recreational Escape. Whether You're Looking For A Weekend Getaway, A Base For Your Outdoor Adventures, Or A Place To Enjoy The Peace And Beauty Of Waterfront Living, This Unique Island Property Offers Plenty Of Possibilities. (id:66811)
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Monthly debt service
$808
Projected NOI
$7K
Annual cash flow
$-3K
Cash-on-cash
-5.76%
DSCR
0.69
Going-in cap
3.81%
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.
Trade area within 3 miles of the property.
Population
75,388
Households
32,368
Median income
$115,500
Median age
35.4
Daytime population
121,601
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 0 ISLAND LAKE, LOT 23 ROAD, Kearney.
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.