For Sale · Land

2647C HIGHWAY 17 E, East Ferris

2647C HIGHWAY 17 E, East Ferris, ON P0H1K0

$275,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

100%

About this property

Discover an exceptional 31-acre sprawling lot on Highway 17 in East Ferris, offering the perfect blend of seclusion and accessibility just 15 minutes from North Bay. This stunning property is enveloped by mature trees, with hydro services available creating a private, serene setting for your future home. Enjoy a true wooded retreat with an established cleared driveway leading to your next adventure. Ideal for immediate enjoyment or a head start on building preparations. Located just minutes from the shores of Trout lake, residents have easy access to year-round outdoor activities. Whether you envision a country estate, a cozy cabin, or a family sanctuary, this 30+ acre sprawling lot with privacy between neighbours, provides the ideal canvas to bring your vision to life. Probate completed (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$275K
Down payment30% · $83K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-2K

Cash-on-cash

-2.80%

DSCR

0.85

Going-in cap

4.70%

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

75,768

Households

32,539

Median income

$113,000

Median age

34.5

Daytime population

69,043

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 2647C HIGHWAY 17 E, East Ferris.

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.