For Sale · Land

LOT 2 DESERT LAKE ROAD, Frontenac (Frontenac South)

LOT 2 DESERT LAKE ROAD, Frontenac (Frontenac South), ON K0H2W0

$219,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$220K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for LOT 2 DESERT LAKE ROAD, Frontenac (Frontenac South).

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.