For Sale · Land

224 TOWNLINE ROAD W, Huntsville

224 TOWNLINE ROAD W, Huntsville, ON P1H1S7

$199,900 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

87%

About this property

Build Your Home in Huntsville! This well-treed building lot on Townline Road offers a wonderful opportunity to build your home in a peaceful Muskoka setting while remaining close to the amenities of Huntsville. The property offers plenty of room for a home, gardens and outdoor enjoyment, with a natural setting that provides privacy and a feeling of country living. Enjoy easy access to Huntsville's shopping, restaurants, schools, recreation and year-round activities. A great location for those looking to build a permanent home or Muskoka getaway, with the beauty and four-season lifestyle of the area right at your doorstep. (id:66811)

Financial sandbox

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Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$7K

Annual cash flow

$-4K

Cash-on-cash

-6.31%

DSCR

0.66

Going-in cap

3.65%

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

113,289

Households

41,405

Median income

$122,000

Median age

36.3

Daytime population

151,466

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 224 TOWNLINE ROAD W, Huntsville.

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.