For Sale · Land

LOT 4 8679 ST LAWRENCE AVENUE, Prince George

LOT 4 8679 ST LAWRENCE AVENUE, Prince George, BC V2N0H3

$239,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

86%

Lot Size

0.18488429752066116 ac

About this property

Introducing Ridgecrest Estates Phase 3 located in the highly sought after Vista Ridge neighborhood at the top of St Lawrence Ave. Large 62' or greater lots will accommodate duplexes or triple garage plans and view lots offer wonderful Eastern Vistas of the city and Tabor Mountain. All lots are within the choice Southridge Elementary and College Heights Secondary School catchments. (id:66811)

Financial sandbox

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Estimate
Purchase price$240K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-3K

Cash-on-cash

-4.55%

DSCR

0.75

Going-in cap

4.18%

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

102,011

Households

41,349

Median income

$111,500

Median age

34.2

Daytime population

102,849

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for LOT 4 8679 ST LAWRENCE AVENUE, Prince George.

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.