For Sale · Land

4042 PCL LT 4 CON 3 AND 19874 PCL LT 4 CON 3 MISCAMPBELL, Rainy River Remote Area

4042 PCL LT 4 CON 3 AND 19874 PCL LT 4 CON 3 MISCAMPBELL, Rainy River Remote Area, ON P9A3M2

$39,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

84%

About this property

Escape to the peace and privacy of unorganized territory! Located in Miscampbell Township, this remote parcel of vacant land offers a great opportunity for those seeking a private recreational getaway. Consisting of approximately 75% highland and a pond, the property was previously logged approximately 10 years ago. Access is through Crown land from the main hydro line located to the south of the property, offering a secluded setting away from the hustle and bustle. Ideal for outdoor enthusiasts looking to enjoy nature, hunting, or simply having a private place to retreat. Explore the possibilities this property has to offer! Please note: This sale comprises two separate legal parcels with individual PINs and roll numbers. Both properties are being sold together as an indivisible package and will not be sold separately. Combined annual property taxes are $260.51 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$40K
Down payment30% · $12K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$184

Projected NOI

$1K

Annual cash flow

$-784

Cash-on-cash

-6.55%

DSCR

0.65

Going-in cap

3.58%

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

71,684

Households

25,922

Median income

$63,500

Median age

36

Daytime population

67,950

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 4042 PCL LT 4 CON 3 AND 19874 PCL LT 4 CON 3 MISCAMPBELL, Rainy River Remote Area.

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.