Business For Sale · Land

996 SCOTLAND STREET, Centre Wellington (Fergus)

996 SCOTLAND STREET, Centre Wellington (Fergus), ON N1M2W5

$8.5M total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

91%

Lot Size

107 ac

About this property

A rare opportunity to secure one of Centre Wellington's most significant strategic landholdings. Encompassing approximately 107 acres, including 75 workable acres, this exceptional property is immediately adjacent to the Centre Wellington Settlement Area Boundary, placing it in a highly desirable location where future growth and development are anticipated. As Centre Wellington continues to experience strong residential and commercial expansion, the demand for additional lands to accommodate long-term growth is expected to continue. With existing neighbourhoods located nearby and municipal infrastructure advancing toward the south end of Fergus, this property is exceptionally positioned as a potential future expansion area. Properties bordering an established settlement boundary are increasingly scarce, making this an outstanding opportunity to invest in a substantial landholding with significant long-term upside. In the meantime, the property offers an exceptional rural lifestyle and productive agricultural operation. The beautifully restored 3,810 sq. ft. stone home has been thoughtfully updated while preserving its historic character and features 4 bedrooms, 2 bathrooms, spacious living areas, and quality craftsmanship throughout. Complementing the residence is a remarkable early 1900s bank barn, large drive shed, and mature wood lot. Whether your vision is to enjoy a distinguished country estate, continue farming, or acquire a premier investment property with exceptional future potential, this offering represents a unique opportunity to own a landmark farm in one of Wellington County's most sought-after growth corridors. Large, contiguous land parcels in this location rarely become available, making this a legacy investment for today and the generations ahead. (id:66811)

Financial sandbox

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Estimate
Purchase price$8.50M
Down payment30% · $2.55M
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$39K

Projected NOI

$422K

Annual cash flow

$-49K

Cash-on-cash

-1.91%

DSCR

0.90

Going-in cap

4.97%

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

116,424

Households

50,682

Median income

$71,500

Median age

41.7

Daytime population

130,281

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 996 SCOTLAND STREET, Centre Wellington (Fergus).

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.