For Sale · Land

00 HARROWSMITH ROAD, Frontenac (Frontenac South)

00 HARROWSMITH ROAD, Frontenac (Frontenac South), ON K0H1V0

$349,900 total

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Asset Class

Land

Size

—

Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

88%

Lot Size

27 ac

About this property

An exceptional opportunity to own approximately 27 acres within the Hamlet of Harrowsmith, offering an intriguing combination of rural privacy, convenient village amenities, and long-term investment potential.Featuring approximately 260 feet of road frontage and an existing drilled well, this expansive parcel presents exciting possibilities for buyers looking to establish a private country retreat or explore future development opportunities.Currently zoned Community Facilities, the property offers an opportunity for buyers to investigate alternative uses, including potential residential development, subject to rezoning, municipal approvals, and all applicable planning requirements.With its desirable location in the growing community of Harrowsmith, substantial acreage, and proximity to local amenities, this is a unique opportunity to secure a significant parcel of land in South Frontenac. Explore the possibilities and envision what the future could hold! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-3K

Cash-on-cash

-2.80%

DSCR

0.85

Going-in cap

4.70%

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

73,205

Households

26,376

Median income

$63,500

Median age

39.7

Daytime population

88,270

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 00 HARROWSMITH ROAD, Frontenac (Frontenac South).

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.