Business For Sale · Land

2361 MERRITTVILLE HIGHWAY, Thorold (Cataract Road)

2361 MERRITTVILLE HIGHWAY, Thorold (Cataract Road), ON L0S1E6

$799,900 total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

98%

Lot Size

13.42 ac

About this property

13.42 Acres Currently used for Cash Cropping. Has a 36x250 ft Poultry Barn that's been decommissioned also 20x30 Garage that is being used as a Generator Room. Great piece of Property. So many different uses! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$47K

Annual cash flow

$2K

Cash-on-cash

0.95%

DSCR

1.05

Going-in cap

5.83%

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

96,322

Households

37,100

Median income

$94,000

Median age

43.2

Daytime population

120,268

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 2361 MERRITTVILLE HIGHWAY, Thorold (Cataract Road).

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.