For Sale · Land

73 CLEAR LAKE ROAD N, Kapuskasing

73 CLEAR LAKE ROAD N, Kapuskasing, ON P5N2X7

$79,000 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

90%

About this property

Vacant land along the West side of Clear Lake Road North in the Municipality of Kapuskasing. Approximately 10.08 acres that is zoned M2 light industrial. The majority of the property has standing timer with a small cleared section at the property entrance located on the East side. Hydro is located on the East side of Clear Lake Road. Natural gas and telephone lines located on the West side of Clear Lake Road. Close to highway 11 and on direction towards OPG dams that are North of the Town. This is a great property that is awaiting its new owner. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$79K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$365

Projected NOI

$3K

Annual cash flow

$-1K

Cash-on-cash

-4.51%

DSCR

0.76

Going-in cap

4.19%

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

45,125

Households

17,490

Median income

$124,500

Median age

37.4

Daytime population

62,943

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 73 CLEAR LAKE ROAD N, Kapuskasing.

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.