For Sale · Land

PT4PT1 FRENCH SETTLEMENT ROAD, North Dundas

PT4PT1 FRENCH SETTLEMENT ROAD, North Dundas, ON K0G1J0

$199,900 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

84%

About this property

Is it time to build your dream home? Here is a great opportunity to own this building lot that just over 1 acre! This hard-to-find, nearly square lot offers enhanced usability and superior privacy from neighboring properties, setting it apart from the typically long and narrow lots. Sitting along a low-traffic, paved road, this lot has mature trees along the road frontage, and small brush on the rest. Easy to clear and get the process started! Kemptville is only 10 minutes away, with tons of shopping, schools, and a hospital, or 25 minutes to Ottawa! Survey for the property is available. (id:66811)

Financial sandbox

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Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$10K

Annual cash flow

$-1K

Cash-on-cash

-2.18%

DSCR

0.88

Going-in cap

4.89%

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

58,189

Households

26,785

Median income

$109,500

Median age

31.5

Daytime population

59,190

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for PT4PT1 FRENCH SETTLEMENT ROAD, North Dundas.

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.