For Sale · Land

Old Road, Minasville

Old Road, Minasville, NS B0N2R0

$260,000 total

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Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

97%

Lot Size

130 ac

About this property

A versatile 135-acre countryside land package awaits in Minasville, with amazing views of Burntcoat! These two RU2 zoned parcels, being sold together and located side-by-side, offer excellent potential for development, farming, or for buyers seeking space, privacy, and room to grow. The 100-acre parcel features productive hayfields and a well-managed woodlot that has been selectively harvested, replanted and thinned. The 35-acre parcel is primarily forested, with a small section of old field near the road, an ideal spot for a future build site or hobby-farm use. Together, the properties combine open acreage, mature woodland, and long-term land stewardship, creating an appealing opportunity for agricultural expansion, recreation, or investment in a quiet rural setting. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$260K
Down payment30% · $78K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-1K

Cash-on-cash

-1.45%

DSCR

0.92

Going-in cap

5.11%

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

48,144

Households

20,758

Median income

$135,000

Median age

38.2

Daytime population

69,186

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for Old Road, Minasville.

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.