1/7PT LT 16 PIONEER LINE, Chatham-Kent (Chatham)
PT LT 16 PIONEER LINE, Chatham-Kent (Chatham), ON N7M5J2
$1.9M total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
87%
Lot Size
84.388 ac
About this property
Add to your land base with 81 acres with approximately 80 acres of workable farmland just northeast of Chatham Ontario. Soil type is identified as Beverly Silty Clay Loam. This offering is for land only. The sale excludes all buildings. A severance for approximately 3 acres (containing the house/buildings and not included in the 81 total acres) is currently in progress and pending approval. A copy of the survey will be available. The property is tile drained (no maps available). Property taxes are subject to adjustment to reflect severance. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$65K
Annual cash flow
$-39K
Cash-on-cash
-6.94%
DSCR
0.62
Going-in cap
3.46%
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
107,367
Households
45,006
Median income
$82,500
Median age
45.8
Daytime population
104,014
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for PT LT 16 PIONEER LINE, Chatham-Kent (Chatham).
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.