1/1010385 Long Road, Lake Country
10385 Long Road, Lake Country, BC V4V0A5
$1.7M total
—
Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
91%
Lot Size
1.25 ac
About this property
Attention Developers, Builders, Investors! Rare opportunity to acquire 1.25 acre site with DP IN PLACE to build 8 Duplex style townhomes in beautiful Lake Country, BC. Nestled amidst an exclusive neighborhood of multi-million dollar luxury single family residences, this site will provide an opportunity for buyers to own in this prestigious residential enclave at a fraction of the cost of a single family home. Overlooking a nature reserve and tranquil pond, these units will be surrounded by nature, but just minutes away from schools, shopping and all other city conveniences. Future homeowners will be also part of the prestigious Lakestone Community Association which provides them access to the exclusive Centre Club, Lake Club and other amazing amenities such as two pools, meeting rooms and yoga facilities! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$124K
Annual cash flow
$27K
Cash-on-cash
5.23%
DSCR
1.28
Going-in cap
7.11%
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
60,672
Households
22,710
Median income
$88,500
Median age
32.2
Daytime population
95,903
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 10385 Long Road, Lake Country.
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.