1/352420 PROVIDENCE LINE, Otonabee-South Monaghan
2420 PROVIDENCE LINE, Otonabee-South Monaghan, ON K9J6X8
$2.0M total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IL — Light Industrial
$ / SF
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Occupancy
99%
Lot Size
100.689 ac
Clear height
31 ft
Loading docks
11
About this property
Rare Approx. 100-Acre Freehold Property With Established Salvage Operation & Multiple Zoning Opportunities. Opportunity to acquire approx 100 acres in Otonabee-South Monaghan Township, Peterborough County. Approx 90 acres of mature cedar and mixed hardwood bush, natural lands and watercourse, with RU, MD, RR and EP zoning. Established salvage/recycling operation with legal non-conforming status recognized by the Township. Existing structures include a renovated detached home with well, septic, and 400 amp & 220 volt hydro; approx 2,500 sq. ft. autobody workshop; and salvage yard with 80ft commercial weigh scale and hydraulic compressor. 7.5 acres of MD zoned land may offer potential for waste disposal, recycling or related industrial use. About 1.5 acres of RR zoned land. A unique blend of established commercial use, substantial acreage, natural surroundings, existing infrastructure and future upside. Paved municipal road frontage. About 20 mins drive to Peterborough and 1.5 hrs to the GTA. Sold As-Is, Where-Is. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$129K
Annual cash flow
$18K
Cash-on-cash
3.06%
DSCR
1.17
Going-in cap
6.46%
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
117,737
Households
47,519
Median income
$79,000
Median age
41.4
Daytime population
196,441
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2420 PROVIDENCE LINE, Otonabee-South Monaghan.
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.