For Sale · Land

777009 10 HIGHWAY, Chatsworth

777009 10 HIGHWAY, Chatsworth, ON N0H1R0

$180,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

About this property

This 0.25-acre vacant lot offers an exciting opportunity to build a brand-new home in an established community, with several important pieces already in place to help get your project moving. The previous home was demolished approximately two years ago, creating a unique opportunity for a new build with potential savings on development charges. A survey, proposed building plans and MTO entrance permit are already available, providing a valuable head start for those looking to bring a new home to the property. The proposed plans offer excellent flexibility for multi-generational living or potential additional income. Located in the welcoming community of Holland Centre, this property combines the appeal of a quiet small-town setting with convenient access to surrounding communities, recreational opportunities and local amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$180K
Down payment30% · $54K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$831

Projected NOI

$8K

Annual cash flow

$-2K

Cash-on-cash

-3.20%

DSCR

0.83

Going-in cap

4.58%

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

140,771

Households

59,839

Median income

$62,000

Median age

39.9

Daytime population

143,073

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 777009 10 HIGHWAY, Chatsworth.

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.