For Lease · Land

LOT 23 GLEN EAGLE COURT, Huntsville

LOT 23 GLEN EAGLE COURT, Huntsville, ON P1H1B1

$219,000 per sq ft / yr

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

About this property

The lowest way in at $250,000 plus HST, Lot 23 is the least expensive way to own ground at Deerhurst Highlands. It is also a straightforward rectangle, 25 metres by 63, which is about the most efficient shape a lot can be to build on, and the flatter ground brings the build rate down to $565 per square foot plus HST. Lot 23 fronts on Glen Eagle Court. Twenty-five metres of frontage with 63 metres behind it is a workable, regular shape with no awkward corners to design around. Services are at the lot line. (id:66811)

Financial sandbox

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Estimate
Purchase price$219K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-450

Cash-on-cash

-0.68%

DSCR

0.96

Going-in cap

5.34%

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

146,644

Households

68,657

Median income

$88,000

Median age

44.1

Daytime population

213,652

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for LOT 23 GLEN EAGLE COURT, Huntsville.

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.