For Sale · Land

10645 HIGHWAY 38, Frontenac (Frontenac Centre)

10645 HIGHWAY 38, Frontenac (Frontenac Centre), ON K0H2K0

$299,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

About this property

Private Waterfront property on Elbow Lake - A Rare Recreational Paradise! Discover a rare recreational property on beautiful Elbow Lake in Central Frontenac, less than 50 km north of Kingston. With approximately 700 feet of waterfront, 120+ Acres and convenient frontage on Road 38, this property offers an exceptional escape for outdoor enthusiasts, hunters, anglers, and nature lovers. Privacy is paramount as Elbow Lake has no public access, providing a peaceful, secluded setting rarely found on waterfront properties. Enjoy fishing for walleye, northern pike, bass, and panfish-or explore the many lakes and waterways throughout Central Frontenac. The property features mature mixed forest, interconnected ponds, and abundant wildlife, including white-tailed deer, wild turkey, and migratory birds. Previous owners have extended the private laneway, identified a potential building site, and confirmed hydro availability. A water-crossing and boat-launch permit was previously secured but has since expired. Ideal for a home, hunting camp, or recreational retreat, this property combines accessibility, natural beauty, and outstanding outdoor opportunity. Please note: Two small cabins and a camping trailer along the entranceway are excluded from the sale. See the boundary image in the photo gallery. For safety and privacy, please do not access the property without an agent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$55

Cash-on-cash

0.06%

DSCR

1.00

Going-in cap

5.56%

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

105,214

Households

36,957

Median income

$116,500

Median age

31.7

Daytime population

163,228

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 10645 HIGHWAY 38, Frontenac (Frontenac Centre).

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.