For Sale · Land

PT LT 20 CON 3 PARTS 2&5 HIGHWAY 37, Centre Hastings

PT LT 20 CON 3 PARTS 2&5 HIGHWAY 37, Centre Hastings, ON K0K3H0

$169,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

96%

About this property

Looking for the perfect place to build? NEW DRILLED WELL INSTALLED! This 2-acre parcel is situated along Highway 37, just south of Thomasburg, offering a great balance of rural surroundings and convenient access to nearby amenities. Located approximately 16 minutes from Highway 401 and Belleville, this property is zoned Rural Residential (RR-84) and features 200.10 feet of road frontage. An adjacent 2-acre lot is also available for sale, providing an excellent opportunity to purchase both parcels and enjoy a combined 4 acres! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$785

Projected NOI

$9K

Annual cash flow

$-869

Cash-on-cash

-1.71%

DSCR

0.91

Going-in cap

5.03%

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

123,361

Households

42,942

Median income

$83,500

Median age

41.4

Daytime population

194,513

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for PT LT 20 CON 3 PARTS 2&5 HIGHWAY 37, Centre Hastings.

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.