For Sale · Land

Lot 61 Little Halfway Lake Road, Kemptville

Lot 61 Little Halfway Lake Road, Kemptville, NS B0W1Y0

$89,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

100%

Lot Size

16.7044 ac

About this property

16.7 acres with approx. 230 feet of frontage on Little Halfway Lake, known locally for its pristine clear water. This substantial surveyed waterfront property offers plenty of space and privacy in a peaceful, wooded setting. There is ample room to consider a seasonal cottage, recreational retreat or future year-round home while enjoying direct access to Little Halfway Lake. Electricity is available along Little Halfway Lake Road, adding convenience for future development. Carleton is approximately 20 minutes away, while Yarmouth, with its shopping, restaurants, healthcare and other major amenities is approximately 40 minutes away. HST is applicable, over and above the purchase price. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$4K

Annual cash flow

$-767

Cash-on-cash

-2.87%

DSCR

0.84

Going-in cap

4.68%

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

106,004

Households

38,801

Median income

$111,500

Median age

34.2

Daytime population

94,632

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for Lot 61 Little Halfway Lake Road, Kemptville.

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.