For Sale · Land

0 ST MARKS ROAD, Stirling-Rawdon (Rawdon Ward)

0 ST MARKS ROAD, Stirling-Rawdon (Rawdon Ward), ON K0K2M0

$499,000 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

96%

About this property

75 acres of opportunity on two quiet country roads! This versatile vacant parcel offers frontage on bothSt. Marks Road and Joywind Road, with approximately 23 acres of workable farmland and the balancefeaturing a mix of mature White Cedar and Hardwood trees, bush and natural clearings. A greatproperty for those looking for agricultural, recreational or hunting land, with plenty of room to exploreand enjoy the outdoors. The extensive road frontage may also offer potential for 2 or more severances,subject to all required municipal and County approvals. Portions of the property are environmentallyprotected (EP). Whether you're looking to farm, build your country retreat, hunt, invest, or explorefuture severance possibilities, this unique acreage offers plenty of potential in a peaceful rural setting.Buyer to complete their own due diligence regarding building, zoning, severance and permitted uses. (id:66811)

Financial sandbox

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Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$-5K

Cash-on-cash

-3.33%

DSCR

0.82

Going-in cap

4.54%

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

140,642

Households

56,018

Median income

$128,500

Median age

35.5

Daytime population

160,050

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 0 ST MARKS ROAD, Stirling-Rawdon (Rawdon Ward).

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.