For Sale · Land

1998 MATAWATCHAN ROAD, Greater Madawaska

1998 MATAWATCHAN ROAD, Greater Madawaska, ON K0J2R0

$229,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

—

Occupancy

91%

About this property

Discover your own private escape on this impressive 48-acre parcel offering the perfect combination of seclusion, recreation and natural beauty. Tucked away in a peaceful rural setting, this property shares a boundary with hundreds of acres of Crown and Renfrew County lands, providing an incredible opportunity for outdoor enthusiasts, hunters, hikers, ATV riders and anyone looking to enjoy the wilderness right from their own property. Surrounded by mature forest and natural habitat, the area is home to an abundance of wildlife, with frequent opportunities to see deer, birds and other native species. A camp is already situated on the property with renovations started, offering a great head start for someone looking to create their own rustic retreat, hunting camp or recreational getaway. The property is currently off-grid with no well or septic, making it ideal for buyers seeking a true back-to-nature lifestyle and the freedom to develop the property to suit their own needs. With 48 acres to explore and extensive adjoining public lands, there is no shortage of space, privacy or adventure. Despite its remote and tranquil setting, the property remains within convenient reach of Calabogie and Griffith, where you can enjoy restaurants, shops, Centennial Lake, Black Donald Lake and Calabogie Lake for golf, skiing at Calabogie Peaks, motorsports and countless year-round recreational activities. Whether you are looking for a weekend escape, hunting property, recreational base camp or a private piece of Renfrew County wilderness to call your own, this unique acreage offers tremendous potential in one of the Ottawa Valley's most scenic outdoor playgrounds. (id:66811)

Financial sandbox

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Estimate
Purchase price$230K
Down payment30% · $69K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$9K

Annual cash flow

$-4K

Cash-on-cash

-5.30%

DSCR

0.71

Going-in cap

3.95%

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

50,622

Households

19,307

Median income

$137,000

Median age

36.9

Daytime population

61,412

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 1998 MATAWATCHAN ROAD, Greater Madawaska.

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.