For Sale · Land

3609 COUNTY ROAD 8, Prince Edward County (North Marysburg Ward)

3609 COUNTY ROAD 8, Prince Edward County (North Marysburg Ward), ON K0K2T0

$899,999 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

93%

Lot Size

70.587 ac

About this property

Welcome to 3609 County Road 8 in beautiful Prince Edward County! Offering an impressive 70.587 acres of land in the peaceful North Marysburg Ward, this expansive agricultural property presents an exceptional opportunity for those looking to establish or expand a farming operation, explore agricultural ventures, or invest in a substantial piece of County countryside. The property offers an abundance of space and flexibility for a variety of potential uses. Whether you're looking to pursue farming opportunities, establish a rural business permitted under the existing zoning, or simply enjoy the possibilities that come with owning a large acreage, this property provides an excellent starting point. The property also features an existing freestanding retail structure with access to utilities, a well, and septic system, along with a large separate storage container, adding practical value for future plans. Surrounded by the natural beauty and peaceful atmosphere that make Prince Edward County so desirable, this property offers the opportunity to enjoy a rural setting while remaining within reach of the County's charming communities and local amenities. With over 70 acres to enjoy and plenty of potential for agricultural use and future possibilities, 3609 County Road 8 is a unique opportunity to bring your vision to life in Prince Edward County. Whether you're an agricultural enthusiast, an established farmer, or an investor looking for a substantial rural property, the possibilities are yours to explore! (id:66811)

Financial sandbox

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Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$42K

Annual cash flow

$-7K

Cash-on-cash

-2.77%

DSCR

0.85

Going-in cap

4.71%

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

114,386

Households

48,662

Median income

$87,500

Median age

40.5

Daytime population

155,048

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 3609 COUNTY ROAD 8, Prince Edward County (North Marysburg Ward).

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.