For Lease · Land

351521 17TH LINE, East Garafraxa

351521 17TH LINE, East Garafraxa, ON L9W7E1

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

About this property

4 Bedroom House For Lease!!! (((sits on a stunning acres of an open land, ideal for nature lovers seeking fresh air and sunshine))) This House Is An Opportunity For You! Brand new Kitchen, Quartz Countertop, Brand new Appliances, new Floors, Freshly Painted* Close To Amenities. Ample Parking** Tenants to pay all utilities. Don't Miss!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

138,188

Households

51,523

Median income

$137,500

Median age

39.5

Daytime population

143,825

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 351521 17TH LINE, East Garafraxa.

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.