For Sale · Land

11 - 720 APRICOT DRIVE, London South (South K)

11 - 720 APRICOT DRIVE, London South (South K), ON N6K0M5

$740,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

95%

About this property

Build your Dream Home in Private & Prestigious Enclave of custom executive homes in upscale BOLER HEIGHTS! Tucked away on private road, and surrounded by million dollar plus homes, this exceptionally sized lot is a vacant land condominium lot and ready for building. Seller has plans available to suit the lot if needed. Current property taxes are for lot only. This premier location is only short steps to all amenities in Byron and Talbot Village including Byron Optimist Sports Complex, Boler Mountain Skiing & Adventure Park, nature trails, shopping, restaurants and much more. Easy access to HWY 402 and 401 via Colonel Talbot Road. Survey and more details available. (id:66811)

Financial sandbox

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Estimate
Purchase price$740K
Down payment30% · $222K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$39K

Annual cash flow

$-2K

Cash-on-cash

-0.83%

DSCR

0.96

Going-in cap

5.29%

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

125,626

Households

54,266

Median income

$111,500

Median age

45.5

Daytime population

186,610

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 11 - 720 APRICOT DRIVE, London South (South K).

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.