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For Sale · Retail

1734 HIGHWAY 518 E HIGHWAY, Kearney

1734 HIGHWAY 518 E HIGHWAY, Kearney, ON P0A1M0

$894,900 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

86%

Lot Size

10 ac

About this property

Live and Earn in the Heart of Cottage Country! Escape to Kearney, Ontario, with this unique 10-acre live/work property offering exceptional exposure. Kearney has 3 access points to Algonquin Park, trails, and over 20 local lakes. Property Highlights: Both Commercial and Rural zoning. The commercial building features two main-floor commercial units with individual washrooms and one commercial kitchen (perfect for existing tenants, your own business, or multi-family conversion). While the residential unit includes a spacious 5-bedroom, 1-bathroom upper-level apartment ideal for owner-occupancy or additional rental income.Three fully furnished, 4-season authentic Mongolian yurts situated in a private wildflower meadow, currently operating as year-round short-term rentals.The yurts include all furnishings and accessories (some personal items excluded). Located in a prime location, peaceful acreage, in-town convenience, within walking distance to Kearney's general store, beach, and boat launch. Only 25 minutes from Huntsville's amenities and major shopping centres. Whether you are an investor, entrepreneur, or someone dreaming of a lifestyle business in one of Ontario's premier outdoor destinations, this property offers many possibilities. Do not show up to view the property without booking an appointment with a licensed Real Estate Agent; also, do not show up early to any booked appointments. Vehicles need to be parked in the parking lot; do not drive through the property, thank you! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$895K
Down payment30% · $268K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$44K

Annual cash flow

$-6K

Cash-on-cash

-2.25%

DSCR

0.88

Going-in cap

4.87%

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

128,833

Households

50,895

Median income

$73,000

Median age

37.9

Daytime population

135,666

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 1734 HIGHWAY 518 E HIGHWAY, Kearney.

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.