For Sale · Land

62 Kevin Drive, Skead

62 Kevin Drive, Skead, ON P0M2Y0

$99,000 total

—

Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

99%

About this property

This vacant lot is in the quaint, welcoming community of Skead, known for its friendly, close-knit atmosphere and wonderful four-season lifestyle. Enjoy easy access to fabulous fishing, OFSC snowmobile trails, a playground, the outdoor rink, community centre, recreation centre, church, and senior centre. Surrounded by the natural beauty and recreational opportunities that make Skead such a special place, this property offers the opportunity to build and enjoy everything this community has to offer. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$99K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$457

Projected NOI

$6K

Annual cash flow

$181

Cash-on-cash

0.61%

DSCR

1.03

Going-in cap

5.72%

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

58,675

Households

26,274

Median income

$109,500

Median age

33.8

Daytime population

92,518

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 62 Kevin Drive, Skead.

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.