For Sale · Land

4633 6 HIGHWAY, Hagersville

4633 6 HIGHWAY, Hagersville, ON N0A1H0

$1.2M total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

Year Built

1976

Lot Size

41.492 ac

About this property

Discover the possibilities at 4633 Highway 6, Hagersville! Situated on just over 41 acres between Hagersville and Caledonia, this versatile property offers an ideal opportunity for equestrian enthusiasts, hobby farmers, or those seeking country living. Featuring approximately 20 acres of cleared crop land, a large barn with 6 stalls, a 3-stall run-in shed, fenced paddocks with electric fencing, and a 1/2-mile grass track. The spacious bungalow features 2 bedrooms on the main level, with the potential to reconfigure one to create an additional bedroom, a full bathroom, hardwood flooring, a large kitchen, separate dining room, and two living areas, one with a gas fireplace. A large sunroom off the back of the home provides additional space to relax and enjoy views of the property. The fully finished basement offers additional living space, a 3-piece bathroom, and potential for a full in-law suite, ideal for multi-generational living. Additional features include a double-car garage and two separate driveways. The home's driveway offers a circular turnaround and parking for up to 6 vehicles, while a separate gated driveway provides convenient access to the barns and farm area. A unique opportunity to enjoy country living with space, versatility, and equestrian amenities in a convenient location between Hagersville and Caledonia! (id:66811)

Financial sandbox

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Estimate
Purchase price$1.18M
Down payment30% · $353K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$57K

Annual cash flow

$-8K

Cash-on-cash

-2.34%

DSCR

0.87

Going-in cap

4.84%

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

79,172

Households

27,603

Median income

$85,500

Median age

44.2

Daytime population

103,518

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 4633 6 HIGHWAY, Hagersville.

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.