1/6157 MAIN STREET, Brock (Beaverton)
157 MAIN STREET, Brock (Beaverton), ON L0K1A0
$3.0M total
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Asset Class
Land
Size
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Building class
C
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
89%
Lot Size
8.527 ac
About this property
Attention builders and land investors!!! Now is the opportunity to take advantage of this development opportunity in Beaverton. Draft Plan Approved for 27 detached lots and 25 freehold townhome lots situated on 8.5 acres of flat land with municipal services ALREADY at the lot line. The Province has just announced that development charges are now only 50% for the next three years. This is a great time to finalize the development application and obtain your building permits. Situated in the development-friendly Township of Brock, this site location is minutes from downtown Beaverton, the Harbour and beach. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14K
Projected NOI
$107K
Annual cash flow
$-59K
Cash-on-cash
-6.58%
DSCR
0.64
Going-in cap
3.57%
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
98,140
Households
36,063
Median income
$102,000
Median age
45.3
Daytime population
165,717
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 157 MAIN STREET, Brock (Beaverton).
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.