1/302 STARLIGHT LANE, Meaford
2 STARLIGHT LANE, Meaford, ON N0H2P0
$345,000 total
—
Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
—
Occupancy
87%
About this property
Build your dream home on this beautiful, tranquil property located on Starlight Lane in the Municipality of Meaford, conveniently located just off Highway 26! Offering a combined 2.19 acres (comprised of a 1.00-acre and 1.19-acre parcel), this lot boasts a picturesque backdrop of the well-treed Algonquin Ridge, featuring mature upland maples. A massive amount of the pre-building guesswork has already been done for you: the property features a designated development envelope previously established with the Grey Sauble Conservation Authority. Extensive engineering work was also previously completed, including a topographic survey, lot grading plans, and proposed septic and well designs. Hydro is already available at the lot line. Please note: previous building and conservation permits expired in 2020; buyers are responsible for their own due diligence regarding permit renewals, zoning, and private utility installations. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$14K
Annual cash flow
$-5K
Cash-on-cash
-4.60%
DSCR
0.75
Going-in cap
4.16%
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
75,953
Households
26,220
Median income
$123,500
Median age
37.3
Daytime population
77,430
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 STARLIGHT LANE, Meaford.
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.