Business For Sale · Land

PT SE1/2 LT 5 QUEENS LINE, West Elgin (Rodney)

PT SE1/2 LT 5 QUEENS LINE, West Elgin (Rodney), ON N0L2P0

$1.4M total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

95%

Lot Size

51.782 ac

About this property

50 acre parcel (51.78 acres per GeoWarehouse), including +/- 42 acres of highly productive, workable farmland. Featuring prime sandy loam soil, this property is well suited for a wide range of specialty crops.The land has been recently systematically tile drained, with tile maps available. Soil fertility data is also available. All municipal services, including water, natural gas, and hydro, are available at Queen's Line, which offers paved road frontage for convenient access.An approximately 8 acre woodlot is located at the northwest corner of the property. Rented for the 2026 crop year. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.38M
Down payment30% · $413K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$66K

Annual cash flow

$-10K

Cash-on-cash

-2.43%

DSCR

0.87

Going-in cap

4.81%

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

88,950

Households

32,773

Median income

$78,000

Median age

42.6

Daytime population

150,752

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for PT SE1/2 LT 5 QUEENS LINE, West Elgin (Rodney).

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.