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$1.6M total
—
Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
88%
Year Built
2013
Lot Size
443 ac
Exceptional 145-Acre Farm in Nova Scotia's Annapolis Valley Two Homes, In-Ground Pool & Premium Farming Infrastructure. Discover an extraordinary opportunity to own a sprawling 145-acre farm in the heart of Nova Scotia's picturesque Annapolis Valley. This rare offering features two charming homes, one of which has an in-ground pool (pool will need to be repaired). The propertys rolling hills and sweeping vistas create a breathtaking backdrop, while the fenced pastures provide an ideal environment for housing cattle or storing bales of hay. This farm features an indoor riding arena and is a turnkey operation for those looking to expand or launch an agricultural enterprise. The landscapes natural beauty is matched only by its potential for productivity, making it a dream setting for both seasoned farmers and visionary investors. Seize this unparalleled chance to own a legacy property in one of Nova Scotia's most desirable farming regions. With two homes on the property, there is an opportunity to earn passive income - live in one and rent the other! The main house is 5 bedrooms with 2794 sq feet of living space and the smaller home is 2 bedrooms with approximately 1500 sq feet of living space. There are 6 PIDs associated with this property offering tremendous opportunity for future development. There are an additional 12 PIDs comprising of a total of 298 acres that are available for sale. Measurements are for each home on the property. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-6K
Cash-on-cash
-1.27%
DSCR
0.93
Going-in cap
5.16%
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
72,940
Households
30,701
Median income
$115,000
Median age
32.3
Daytime population
91,889
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 894 Morden Road, Weltons Corner.
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.