For Sale · Land

162 41ST STREET, Wasaga Beach

162 41ST STREET, Wasaga Beach, ON L9Z0B3

$159,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

95%

About this property

Build Your DREAM HOME or a Detached Pre-fabricated house in a very quiet, peaceful andEstablished neighbourhood of Wasaga Beach. This lot is fully prepared for immediateconstruction. This lot is conveniently located near Beach, Golf Course, schools, shoppingcenters, parks, and recreational facilities. Enjoy easy access to major highways and publictransportation, making your daily commute a breeze. With all essential utilities such aswater, sewer, electricity, and gas are already at the lot line. (id:66811)

Financial sandbox

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Estimate
Purchase price$159K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$734

Projected NOI

$8K

Annual cash flow

$-545

Cash-on-cash

-1.14%

DSCR

0.94

Going-in cap

5.20%

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

99,883

Households

34,984

Median income

$81,500

Median age

40.3

Daytime population

129,347

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 162 41ST STREET, Wasaga Beach.

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.