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$219,900 total
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Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
88%
Find room to bring your country home plans to life on this newly severed 5.7-acre lot on Desert Lake Road. A mix of wooded areas and open clearings offers a beautiful natural backdrop, with space to enjoy the outdoors, garden or simply settle into a quieter pace. A drilled well and entrance are already installed, giving you a head start on your future build. The building envelope is set in from the road, offering a welcoming setting for a home surrounded by the countryside. With a blend of trees, open space and several acres to call your own, this is an appealing opportunity to create a place that suits your lifestyle. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$8K
Annual cash flow
$-4K
Cash-on-cash
-5.75%
DSCR
0.69
Going-in cap
3.82%
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
125,982
Households
52,011
Median income
$126,500
Median age
34.9
Daytime population
151,853
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for LOT 2 DESERT LAKE 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.