1/5707 Fording Drive, Elkford
707 Fording Drive, Elkford, BC V0B1H0
$66,000 total
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Asset Class
Land
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
85%
Lot Size
0.15 ac
About this property
A rare opportunity to own a flat vacant lot in downtown Elkford. This .149 of an acre lot is close to local amenities and the outdoor adventures that make Elkford life special. Enjoy the Rocky Mountain setting, with opportunities to hike, bike, fish, ski, golf and explore right here in the Elk Valley. Utilities are available at the lot line, making this property ready for your plans. Currently zoned R3, the area is undergoing a zoning review by the District of Elkford, with the goal of creating more permitted uses. Buyers are encouraged to confirm zoning, servicing and development possibilities with the District. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$305
Projected NOI
$3K
Annual cash flow
$-440
Cash-on-cash
-2.22%
DSCR
0.88
Going-in cap
4.87%
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
96,777
Households
36,226
Median income
$75,000
Median age
44.2
Daytime population
85,170
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 707 Fording Drive, Elkford.
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.