Business For Sale · Land

15845 ILDERTON ROAD, Middlesex Centre

15845 ILDERTON ROAD, Middlesex Centre, ON N0M2A0

$2.5M total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

100%

Lot Size

97 ac

About this property

Farmers great opportunity to add to your land base. THIS FARMLAND SALE IS SUBJECT TO SEVERANCE. House is not included in the sale and is being retained by the current owner. New parcel will be 97 acres more or less of which approximately 92 acres are systematically tiled and workable. Offers/bids to be submitted by 10am on Wednesday October 14. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$118K

Annual cash flow

$-20K

Cash-on-cash

-2.67%

DSCR

0.86

Going-in cap

4.74%

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

91,313

Households

31,899

Median income

$64,000

Median age

39.1

Daytime population

98,463

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 15845 ILDERTON ROAD, Middlesex Centre.

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.