For Sale · Land

1331 MILLER ROAD, Magnetawan

1331 MILLER ROAD, Magnetawan, ON P0A1P0

$137,500 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

84%

About this property

Bring your vision to 1331 River Road, a property offering the chance to make your own plans and take things in the direction that works for you. Whether you are looking for a project, an investment opportunity or simply a property where you can start with a fresh perspective, this is a place to explore the possibilities and decide what makes sense for your needs. With room for imagination and a buyer willing to take a hands-on approach, 1331 River Road presents an opportunity to create something that reflects your own goals and ideas. Buyers are encouraged to complete their own due diligence with respect to the property, dwelling, services and intended use. Property is being sold in "as-is, where-is" condition. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$138K
Down payment30% · $41K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$635

Projected NOI

$5K

Annual cash flow

$-2K

Cash-on-cash

-5.37%

DSCR

0.71

Going-in cap

3.93%

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

105,968

Households

41,355

Median income

$118,500

Median age

36

Daytime population

174,650

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 1331 MILLER ROAD, Magnetawan.

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.