1/212 Fernhill Drive, Dartmouth
12 Fernhill Drive, Dartmouth, NS B3A4K2
$649,900 total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
92%
Lot Size
0.4606 ac
About this property
Downtown Dartmouth residential development opportunity with attractive ER-3 zoning and over 20,000 sqft of land. Allowing 8 units as-of-right without application for variance. There is a modest home and garage currently on the property which could generate income during the application phases. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$33K
Annual cash flow
$-3K
Cash-on-cash
-1.41%
DSCR
0.92
Going-in cap
5.12%
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
77,508
Households
33,775
Median income
$88,000
Median age
43.7
Daytime population
111,643
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 12 Fernhill Drive, Dartmouth.
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.