Business For Sale · Land

37 PART LOT N4L1A9 PLACE, Meaford

37 PART LOT N4L1A9 PLACE, Meaford, ON N4L1A9

$699,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

100%

Lot Size

0.427 ac

About this property

Close to half an acre of land, perfect for building your own large custom home or a small development of 4-5 residential units. In the heart of a fully developed residential zone. Close to many amenities, schools, plazas, restaurants, and parks near the lake. All the services are up to the property boundary. Perfect for a first-time developer or a tasteful home buyer wishing to build their dream home with a pool and ample lawn and parking space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$34K

Annual cash flow

$-5K

Cash-on-cash

-2.47%

DSCR

0.87

Going-in cap

4.80%

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

42,606

Households

15,137

Median income

$110,500

Median age

34.5

Daytime population

70,657

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 37 PART LOT N4L1A9 PLACE, Meaford.

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.