For Sale · Land

0 PEFFERLAW CON4 PT LOT24 PT LOT25,CON5 PT LOT24 ROAD, Georgina (Pefferlaw)

0 PEFFERLAW CON4 PT LOT24 PT LOT25,CON5 PT LOT24 ROAD, Georgina (Pefferlaw), ON L0E1N0

$6.0M total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

85%

Lot Size

297.35 ac

About this property

Super Land deal !!! York Region raw rural and agricultural land prices typically range from $35,000 to $55,000 per acre!, This Possible Development Lands with total 297.35 Acres only asking $20000/acre!!! Located In the Serviced Area Of Pefferlaw Community which is part of highway 404 extension plan.The 297.35 Acres sale Contains two Separate Parcels Being Sold As A Package: one parcel is 255.96 acres+ one parcel is 41.39 Acres which is directly adjacent to serviced residential properties that Can Currently Be Developed for residential use!!! Part of the West Portion of the Huge Land is Designated As "Residential" within the Pefferlaw Secondary Plan. The whole Land is Clear and Flat, No Mountain & Rocks, with Potential to be Rezoned for Future Development! one land on Pefferlaw rd, one land is on lake ridge rd, which located between the South of 24982 Lake Ridge Rd, and North of the Pefferlaw Tract which address is 24408 lake ridge rd. Most of the Land is under Farming by Tenants. (id:66811)

Financial sandbox

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Estimate
Purchase price$6.00M
Down payment30% · $1.80M
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$28K

Projected NOI

$219K

Annual cash flow

$-114K

Cash-on-cash

-6.31%

DSCR

0.66

Going-in cap

3.65%

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

124,385

Households

43,858

Median income

$114,500

Median age

31.8

Daytime population

206,834

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 0 PEFFERLAW CON4 PT LOT24 PT LOT25,CON5 PT LOT24 ROAD, Georgina (Pefferlaw).

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.