For Sale · Land

LT 38 GRAHAMS HILL ROAD, Georgian Bluffs

LT 38 GRAHAMS HILL ROAD, Georgian Bluffs, ON N0H2T0

$225,000 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

91%

About this property

This building lot offers a REMARKABLE VIEW OF BIG BAY AND THE ISLANDS!!! Your future home can sit atop the Escarpment and overlook the PRISTINE WATERS OF GEORGIAN BAY. There is a DRILLED WELL and underground HYDRO INSTALLED. Located in the AMAZING COMMUNITY OF BIG BAY on a dead end street with executive homes and you have access to the Bruce Trail. Minutes away from the Big Bay beach, boat launch and famous Homemade Ice Cream. Approximately 25 minutes from Owen Sound and 10 minutes form Wiarton. Shed in the corner is also included. IF YOU HAVE EVER DREAMED OF BUILDING YOUR DREAM HOME WITH SOME OF THE MOST SPECTACULAR VIEWS....YOU WANT TO CHECK OUT THIS LOT!!! There has been a building permit issued in the past. (id:66811)

Financial sandbox

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Estimate
Purchase price$225K
Down payment30% · $68K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$9K

Annual cash flow

$-3K

Cash-on-cash

-4.88%

DSCR

0.74

Going-in cap

4.08%

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

49,935

Households

19,619

Median income

$70,500

Median age

38.4

Daytime population

75,278

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for LT 38 GRAHAMS HILL ROAD, Georgian Bluffs.

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.