For Sale · Land

PT LT 1-2 NORFOLK COUNTY 19 ROAD E, Norfolk (Townsend)

PT LT 1-2 NORFOLK COUNTY 19 ROAD E, Norfolk (Townsend), ON N0E1Z0

$575,000 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

83%

About this property

Truly Irreplaceable, rarely offered approximately 37.10 acre building lot situated perfectly on mature treed bush lot with desired approximately 6 acre cleared area of fertile sandy loam workable land allowing for the perfect setting to build your Dream Country home & estate. Featuring multiple choice building spots with tremendous privacy set well back from the road & current driveway path already cut in. Conveniently located minutes from Brantford, Ancaster, Hamilton, Woodstock, & Tri-Cities. Commuters dream with easy access to 403 & 401. Whether your looking to build your Dream home, Equestrian facility, or hobby farm this property will not disappoint. Must view to appreciate the location, setting, & privacy that this lot offers. Norfolk Country Living is a Lifestyle choice that must be Experienced. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$575K
Down payment30% · $173K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$27K

Annual cash flow

$-5K

Cash-on-cash

-2.62%

DSCR

0.86

Going-in cap

4.76%

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

98,745

Households

44,096

Median income

$106,500

Median age

45.9

Daytime population

96,230

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for PT LT 1-2 NORFOLK COUNTY 19 ROAD E, Norfolk (Townsend).

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.