For Sale · Land

0 BRENNAN ROAD, Belleville (Thurlow Ward)

0 BRENNAN ROAD, Belleville (Thurlow Ward), ON K0K1V0

$550,000 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

83%

About this property

Approximately 47 ACRES of LAND - GREAT OPPORTUNITY for INVESTMENT / property to BUILD your DREAM HOME / potential possibility of SEVERENCES! This lovely parcel of land has open fields / possible crop land / woods. Property is on a quiet country road. Approximately 15 minutes to amenities in Belleville. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$19K

Annual cash flow

$-12K

Cash-on-cash

-7.09%

DSCR

0.62

Going-in cap

3.41%

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

122,346

Households

49,081

Median income

$108,000

Median age

45.5

Daytime population

194,383

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 0 BRENNAN ROAD, Belleville (Thurlow 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.