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$349,900 total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
88%
Lot Size
27 ac
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)
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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.
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.
Confidential diligence documents for 00 HARROWSMITH ROAD, Frontenac (Frontenac South).
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.