For Sale · Land

TBD GLAMOR LAKE ROAD, Highlands East (Monmouth)

TBD GLAMOR LAKE ROAD, Highlands East (Monmouth), ON K0M1R0

$115,000 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

82%

About this property

Discover the perfect setting for your future home on this beautiful 7.9-acre property located on Glamor Lake Road, just outside the community of Gooderham. Offering approximately 275 feet of frontage on a year-round municipally maintained road, this mostly level, well-treed parcel provides the privacy and space to create the home or country retreat you've been envisioning. Surrounded by mature forest, the property offers multiple potential building sites, allowing you to design a layout that maximizes both privacy and the natural landscape. Hydro and other services are available at the road, and the property is conveniently located on a school bus route. Spend your summers enjoying nearby Glamor Lake and Little Glamor Lake, where public access and a lakeside park provide opportunities for swimming, paddling, fishing, and relaxing by the water. The Village of Haliburton is just 20 minutes away, offering grocery stores, restaurants, schools, healthcare services, shopping, golf, and year-round community events. For even more amenities, Peterborough is approximately an hour's drive, providing additional shopping, dining, and services. Whether you're looking to build your forever home or invest in a piece of the Haliburton Highlands, this scenic acreage offers an outstanding opportunity to enjoy privacy, nature, and convenient access to nearby communities. (id:66811)

Financial sandbox

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Estimate
Purchase price$115K
Down payment30% · $35K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$531

Projected NOI

$4K

Annual cash flow

$-3K

Cash-on-cash

-7.51%

DSCR

0.59

Going-in cap

3.29%

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

85,420

Households

35,353

Median income

$104,500

Median age

44.8

Daytime population

132,270

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for TBD GLAMOR LAKE ROAD, Highlands East (Monmouth).

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.