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$159,900 total
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Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
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Occupancy
83%
First time offered for sale in 41 years! Welcome to Bob's Lake, South Frontenac one of the areas more popular lakes offering a surface area of 7,962 acres and depths up to 84' with ton's of fish species for your enjoyment! What a package! 2.1 Acres, 448' of Waterfront including a picturesque peninsula, total privacy situated near the end of a 1.1 km long R.O.W. with only 1 neighbor. Access to the lot is directly off White Lake Road a short commute to Verona for necessities and another 20 min from Verona to Kingston for full services. The lot features an elevated build site with stunning views over Buck Bay, stroll down the hillside to access the level shoreline and peninsula. The waterfront is natural and offers enough depth for a boat and gradually drops off into deeper waters. The lot doesn't have a well and there is no hydro down the lane. The opportunity exists to build off grid or attempt to bring hydro in from someone on a neighboring lane. Don't miss out on this opportunity! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$738
Projected NOI
$8K
Annual cash flow
$-1K
Cash-on-cash
-2.59%
DSCR
0.86
Going-in cap
4.76%
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.
Trade area within 3 miles of the property.
Population
87,138
Households
32,221
Median income
$106,500
Median age
46
Daytime population
85,779
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1001 WHITE LAKE ROAD, Frontenac (Frontenac South).
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.