PART 6 CEDARLANE DRIVE, Wasaga BeachPART 6 CEDARLANE DRIVE, Wasaga Beach — photo 2PART 6 CEDARLANE DRIVE, Wasaga Beach — photo 3PART 6 CEDARLANE DRIVE, Wasaga Beach — photo 4PART 6 CEDARLANE DRIVE, Wasaga Beach — photo 5
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For Sale · Land

PART 6 CEDARLANE DRIVE, Wasaga Beach

PART 6 CEDARLANE DRIVE, Wasaga Beach, ON L9Z2S1

$279,900 total

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Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

82%

About this property

Great opportunity to build custom home on large lot in quiet area. Just steps to the beach! Water/sewer at lot line paid in full. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$280K
Down payment30% · $84K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$11K

Annual cash flow

$-5K

Cash-on-cash

-5.61%

DSCR

0.70

Going-in cap

3.86%

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

84,953

Households

33,943

Median income

$66,000

Median age

39.5

Daytime population

92,816

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for PART 6 CEDARLANE DRIVE, Wasaga Beach.

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.