For Sale · Land

777011 10 HIGHWAY, Chatsworth

777011 10 HIGHWAY, Chatsworth, ON N0H1R0

$160,000 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

87%

About this property

This 0.25-acre vacant lot offers an exciting opportunity to build a brand-new home in an established community, with several important pieces already in place to help get your project moving. There is an existing entrance in place, drilled well, survey, and proposed building plans, providing a valuable head start for those looking to bring a new home to the property. The proposed plans offer excellent flexibility for multi-generational living or potential additional income. Located in the welcoming community of Holland Centre, this property combines the appeal of a quiet small-town setting with convenient access to surrounding communities, recreational opportunities and local amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$160K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$739

Projected NOI

$6K

Annual cash flow

$-3K

Cash-on-cash

-5.79%

DSCR

0.69

Going-in cap

3.80%

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

91,435

Households

43,020

Median income

$102,000

Median age

33.2

Daytime population

96,614

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 777011 10 HIGHWAY, Chatsworth.

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.