For Sale · Land

Parcel E - Lot Highway 7, Lake Charlotte

Parcel E - Lot Highway 7, Lake Charlotte, NS B0J2L0

$69,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

95%

Lot Size

7.8 ac

About this property

Discover the perfect opportunity to build your dream home, cottage retreat, or recreational getaway on this stunning 7.8-acre parcel in the peaceful community of Lake Charlotte. Enjoy nearby lakes, boating, fishing, ATV trails, hiking, and all the outdoor recreation the Eastern Shore is known for. Located 40 minutes from Dartmouth, and only 10 minutes to groceries and other amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$3K

Annual cash flow

$-635

Cash-on-cash

-3.03%

DSCR

0.84

Going-in cap

4.63%

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

62,183

Households

25,535

Median income

$85,000

Median age

41.2

Daytime population

103,643

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for Parcel E - Lot Highway 7, Lake Charlotte.

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.