Business For Sale · Land

0 MARA ROAD, Brock (Beaverton)

0 MARA ROAD, Brock (Beaverton), ON L0K1A0

$1.7M total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

Lot Size

2.054 ac

About this property

A rare 2.05 acre infill parcel in Beaverton (Township of Brock, Durham Region) positioned for multi-residential development or a strategic land-bank hold. Beaverton is the Region's northern lakeside community on Lake Simcoe with a traditional downtown, an approved waterfront plan focused on activation and connectivity, and a clear policy framework guiding compact growth in its urban area. Developers and land bankers gain scale, frontage, and flexibility on a site that fits the township's small-scale, low-rise character while meeting regional housing targets. This is an excellent opportunity to own & develop in the heart of Beaverton minutes from the shores of beautiful Lake Simcoe, surrounded by new development and residential. Land is zoned "D" for Residential "Development", which currently allows for Single Family Residential, but within the Official Plan, could mean a future possible rezoning opportunity to allow for 28 freehold town homes or 80 unit mid-rise condo (or rental) development (based on allowable density). Property boasts 445' feet of frontage on Mara Road and located close to everything the quaint town of Beaverton has to offer, including grocery, dining, waterfront, arena and town harbour. Beer Store and Home Building Centre just meters from the property line. Land is flat and relatively clear making a quick start project. Easy commuting, located just a short drive from Highway 12, a direct route to the GTA. Please see concept drawings and further information related to this opportunity within brochure link. (Municipal address may change upon site plan approval). Listed at $1.745M, the property is immediately available and priced to move. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.75M
Down payment30% · $524K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$93K

Annual cash flow

$-3K

Cash-on-cash

-0.65%

DSCR

0.96

Going-in cap

5.35%

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

94,593

Households

42,690

Median income

$106,500

Median age

32.3

Daytime population

146,057

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 0 MARA ROAD, Brock (Beaverton).

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.