For Sale · Land

V/L Highway 2, Leamington

V/L Highway 2, Leamington, NS B0M1X0

$44,900 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

98%

Lot Size

28 ac

About this property

Looking for space, privacy and a beautiful piece of Nova Scotia countryside? This approximately 28-acre parcel on Highway 2 in Leamington offers a wonderful opportunity for those looking to build, create a private retreat, or simply invest in a sizeable piece of land. The property features a large wooded area with a mixture of mature and younger growth, offering plenty of privacy and natural surroundings. The aerial views showcase the impressive size of the parcel and its peaceful rural setting. Located in Cumberland County and zoned RR (Rural Residential), this property provides plenty of possibilities for the right buyer. Whether you're dreaming of a country home, recreational property, or simply want land to call your own, this acreage is worth exploring. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$45K
Down payment30% · $13K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$207

Projected NOI

$3K

Annual cash flow

$133

Cash-on-cash

0.99%

DSCR

1.05

Going-in cap

5.84%

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

128,647

Households

55,288

Median income

$94,500

Median age

43.3

Daytime population

162,190

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for V/L Highway 2, Leamington.

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.