For Sale · Land

1672 HIGHWAY 35, Kawartha Lakes (Manvers)

1672 HIGHWAY 35, Kawartha Lakes (Manvers), ON L0B1K0

$199,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

87%

About this property

Discover your own private nature lover's retreat on this beautiful 13-acre property! Enjoy an extensive network of trails winding throughout the forest, leading to a private campfire area overlooking the river that borders the property. A wooden boardwalk takes you down to the deep water, perfect for swimming, fishing or enjoying a peaceful canoe ride. The property also features a large 30' x 60' pole barn and an open clearing offering an ideal location for the construction of your dream home. Whether you're envisioning a private homestead, recreational hunting retreat or building your forever home surrounded by nature, the possibilities are endless. Hydro and natural gas are available at the road. Conveniently located with quick access to Lindsay, Port Perry and Bowmanville, and just 15 minutes to Highway 407 for an easy commute to the GTA. A rare opportunity to enjoy privacy, recreation and country living! By appointment only, do not walk the property without your agent being present. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$8K

Annual cash flow

$-3K

Cash-on-cash

-4.82%

DSCR

0.74

Going-in cap

4.09%

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

79,247

Households

30,790

Median income

$124,500

Median age

34.3

Daytime population

126,904

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 1672 HIGHWAY 35, Kawartha Lakes (Manvers).

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.