Business For Sale · Land

10 LAELA CRESCENT, Mulmur

10 LAELA CRESCENT, Mulmur, ON L9V2V7

$449,999 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

92%

About this property

Build the Home You've Always Imagined! Nestled on approximately half an acre in the picturesque countryside of Mulmur, this exceptional vacant lot offers the perfect setting to bring your dream home to life. Located just minutes from the charming community of Honeywood, you'll enjoy the serenity of country living while remaining close to local amenities. Preliminary building plans are already in progress, giving you a head start on creating your custom retreat. Whether you're a builder, investor, or future homeowner, this is a rare opportunity to own a beautiful piece of land in one of Mulmur's most desirable locations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$-4K

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

105,630

Households

49,254

Median income

$124,000

Median age

37.6

Daytime population

137,890

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 10 LAELA CRESCENT, Mulmur.

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.