For Sale · Specialty

Lot 1 93/95 Highway, Windermere

Lot 1 93/95 Highway, Windermere, BC V0B2L0

$1.4M total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

88%

Lot Size

29.89 ac

About this property

Endless possibilities from this 30-acre parcel of land in Windermere, B.C. This property has different zonings, including light Industrial, Commercial, and Rural Residential, plus some park space. If you want to expand into business for yourself or partners, then here you go. The land for warehousing, Campground, and commercial retail is here for development. Utilities are available, the views are wonderful, and Golf, skiing and Lake Windermere are just minutes away. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.40M
Down payment30% · $420K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$81K

Annual cash flow

$3K

Cash-on-cash

0.72%

DSCR

1.04

Going-in cap

5.76%

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

69,527

Households

24,315

Median income

$137,000

Median age

39.3

Daytime population

71,913

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for Lot 1 93/95 Highway, Windermere.

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.