1/711 STEVENS ROAD, West Nipissing (Sturgeon Falls)
11 STEVENS ROAD, West Nipissing (Sturgeon Falls), ON P2B3L5
$99,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
AG — Agricultural
$ / SF
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Occupancy
92%
About this property
Properties this close to Lake Nipissing are hard to find. You can smell and hear the lake from this beautiful, deep, mostly tree-covered 3-acre building lot. It has recently been improved with a driveway and culvert. About 162 feet into the property it widens from 47 feet to 150 feet, giving it a spacious feel and a generous amount of privacy. The location allows easy and quick access to all the amenities of Sturgeon Falls, yet is zoned RU (Rural), which allows many uses in addition to residential. Book an appointment to see if this is your opportunity knocking. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$457
Projected NOI
$4K
Annual cash flow
$-1K
Cash-on-cash
-3.75%
DSCR
0.80
Going-in cap
4.42%
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
81,342
Households
28,236
Median income
$68,500
Median age
38.5
Daytime population
114,606
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 11 STEVENS ROAD, West Nipissing (Sturgeon Falls).
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.