1/8LOTS 17-18,24-28,32,35-36 ASPEN PARKWAY, Aylmer
LOTS 17-18,24-28,32,35-36 ASPEN PARKWAY, Aylmer, ON N5H3H7
$1.9M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
86%
About this property
This development-ready opportunity comprises 10 single-family residential lots, each priced at $190,000, to be sold as a package in the third phase of Aylmer's Cottonwood Neighbourhood.They are located near Highway 3, with direct linkages to St. Thomas and Tillsonburg. Storm, water and sanitary services, along with natural gas and hydro are available. Low development charges at $23,510.00 per unit. The Seller notes that it pays its taxes on individual lots. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$65K
Annual cash flow
$-41K
Cash-on-cash
-7.14%
DSCR
0.61
Going-in cap
3.40%
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
96,252
Households
45,172
Median income
$76,000
Median age
43.1
Daytime population
84,126
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOTS 17-18,24-28,32,35-36 ASPEN PARKWAY, Aylmer.
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.