For Sale · Land

766 CANBORO ROAD, Pelham (Fenwick)

766 CANBORO ROAD, Pelham (Fenwick), ON L0S1C0

$629,990 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

82%

About this property

Build Your Dream in the Heart of Fenwick!Discover the charm of country living in one of Niagara's most coveted locations! Nestled in the picturesque community of Fenwick, this exceptional, build-ready lot offers a rare opportunity to create the home you've always envisioned, with the potential option for a secondary dwelling unit (subject to municipal approvals).Set on a generous lot, the outdoor possibilities are endless. Imagine creating your own private backyard sanctuary, planting a beautiful garden, growing your own fresh produce, or simply enjoying the peace and tranquility of small-town living. Take a leisurely stroll to a nearby local fruit stand and experience the simple pleasures of country life.Enjoy the best of both worlds with quaint boutique shops, local dining, parks, and everyday conveniences close by. Just a short drive to the amenities, schools, and community centres of Pelham, with convenient access to Niagara hubs and the QEW for an easy commute.Whether you're looking to build your forever home, embrace a quieter lifestyle, or explore an exciting investment opportunity, this rare offering is full of potential.Opportunities like this rarely come along. Experience Fenwick and Niagara living at its finest! (id:66811)

Financial sandbox

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Estimate
Purchase price$630K
Down payment30% · $189K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$29K

Annual cash flow

$-6K

Cash-on-cash

-3.18%

DSCR

0.83

Going-in cap

4.59%

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

83,725

Households

29,168

Median income

$101,500

Median age

45

Daytime population

77,031

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 766 CANBORO ROAD, Pelham (Fenwick).

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.