1/17PT LT 41-42 CONCESSION 1 ROAD, Huron-Kinloss
PT LT 41-42 CONCESSION 1 ROAD, Huron-Kinloss, ON N0G2H0
$1.4M total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
84%
Lot Size
56 ac
About this property
Approximately 56 acres of farmland near Lucknow, with approximately 50 workable acres and productive Harriston Loam soil. Currently divided into two fields that rotate between cash crops and pasture. Situated on the northwest corner of Amberley Road (Bruce Road 86) and Paradise Lake Road, this gently rolling parcel offers frontage on two roads and an opportunity to expand an existing farm operation or establish a country property. No buildings currently on site. Agricultural Rural zoning permits a single detached farm residence, subject to applicable requirements and approvals. Buyers interested in possible future development opportunities are encouraged to investigate feasibility with the municipality and relevant authorities. Property being sold as is. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$67K
Annual cash flow
$-10K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
97,197
Households
34,930
Median income
$106,500
Median age
33.4
Daytime population
113,111
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for PT LT 41-42 CONCESSION 1 ROAD, Huron-Kinloss.
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.