For Sale · Land

8 HARRISONS LANDING ROAD, Carling

8 HARRISONS LANDING ROAD, Carling, ON P0G1G0

$129,000 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

95%

About this property

Build your dream home or getaway retreat on this attractive 0.86-acre lot in a desirable area just minutes from Georgian Bay. Hydro is available at the road offering a convenient start for future development. Enjoy easy access to nearby marinas, boating, fishing and year-round outdoor recreation while being only 15 minutes from Parry Sound for shopping, dining, healthcare and essential amenities. A fantastic opportunity to create your own piece of cottage country in a sought-after Georgian Bay location. (id:66811)

Financial sandbox

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Estimate
Purchase price$129K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$596

Projected NOI

$5K

Annual cash flow

$-2K

Cash-on-cash

-5.14%

DSCR

0.72

Going-in cap

4.00%

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

43,291

Households

17,040

Median income

$107,000

Median age

35.8

Daytime population

40,442

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 8 HARRISONS LANDING ROAD, Carling.

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.