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$1.5M total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
Lot Size
87.284 ac
A truly unique 87.28-acre property offering income today and exciting possibilities for the future. The location is excellent, just minutes from Orillia and Bass Lake. It is also located just up the road from Fergus Hill Estates. The property includes approximately 20 acres of pasture, 3.5 acres of natural wetland and 2 two-acre ponds. The property is currently leased to Walker Aggregates and used primarily for aggregate washing and processing, providing rental income to help offset the cost of holding the land. The current lease expires in 2030 and includes an option to renew. Envision what the future could hold here, from creating a beautiful country home or hobby farm to establishing a private rural retreat in the years ahead. Future residential access is intended to be from Line 14 North, while the property is currently accessed from Line 13 North. All future uses and development are subject to applicable municipal and regulatory approvals. VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY. ACCESS TO THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT IS NOT PERMITTED. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$64K
Annual cash flow
$-19K
Cash-on-cash
-4.21%
DSCR
0.77
Going-in cap
4.28%
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.
Trade area within 3 miles of the property.
Population
41,673
Households
17,133
Median income
$115,000
Median age
32.9
Daytime population
45,313
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for E PT LT 9 N PT LT 10 LINE 14 N, Oro-Medonte.
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.