For Sale · Land

E PT LT 9 N PT LT 10 LINE 14 N, Oro-Medonte

E PT LT 9 N PT LT 10 LINE 14 N, Oro-Medonte, ON L3V6H1

$1.5M 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

84%

About this property

A truly unique 87.28-acre property offering income today and exciting possibilities for the future. The location is excellent, just minutes from Orillia and Bass Lake. It is also located just up the road from Fergus Hill Estates. The property includes approximately 20 acres of pasture, 3.5 acres of natural wetland and 2 two-acre ponds. A portion of the property is currently leased to Walker Aggregates and used primarily for aggregate washing and processing, providing rental income to help offset the cost of holding the land. The current lease expires in 2030 and includes an option to renew. Envision what the future could hold here, from creating a beautiful country home or hobby farm to establishing a private rural retreat in the years ahead. Future residential access is intended to be from Line 14 North, while the property is currently accessed from Line 13 North. All future uses and development are subject to applicable municipal and regulatory approvals. VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY. ACCESS TO THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT IS NOT PERMITTED. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$61K

Annual cash flow

$-22K

Cash-on-cash

-4.99%

DSCR

0.73

Going-in cap

4.05%

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

134,340

Households

62,844

Median income

$120,000

Median age

35.8

Daytime population

132,735

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for E PT LT 9 N PT LT 10 LINE 14 N, Oro-Medonte.

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.