For Sale · Land

41 - 1071 WATERLOO STREET N, Saugeen Shores

41 - 1071 WATERLOO STREET N, Saugeen Shores, ON N0H2C3

$589,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

About this property

Welcome to Camden Estates where luxury meets effortless one-level living in a private enclave setting. This beautifully designed 2 Bedroom, 2 bathroom vacant land condo townhome offers a perfect blend of comfort, style and low maintenance lifestyle. This interior unit is not finished inside, if you ACT FAST you can choose your own finishes! Step inside to discover a bright, open-concept layout featuring 9 ft ceilings, a tray ceiling in the Living room, and an abundance of natural light enhanced by modern pot lighting throughout. The home is finished with elegant luxury vinyl flooring and in-floor heating, providing both warmth and sophistication year-round, along with the added comfort of air conditioning. The stylish kitchen has full height, quality cabinetry, quartz countertops, and centre island with pendants and a pantry, and is ideal for both everyday living and entertaining. A bonus is the direct walkout access to your east-facing patio --perfect for BBQing or enjoying a peaceful evening. The spacious primary suite offers a walk-in closet, and a private 3 pc ensuite. This unit is super low maintenance with minimal lawn to maintain, for a streamlined and simplified lifestyle. All this is within a short walk to the New Aquatic Center, Starbucks, Groceries and Restaurants. Interior Photos are from another interior unit with the same layout, for demonstration purposes. (id:66811)

Financial sandbox

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Estimate
Purchase price$590K
Down payment30% · $177K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$33K

Annual cash flow

$-118

Cash-on-cash

-0.07%

DSCR

1.00

Going-in cap

5.52%

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

70,731

Households

25,001

Median income

$97,500

Median age

33.9

Daytime population

118,645

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 41 - 1071 WATERLOO STREET N, Saugeen Shores.

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.