For Sale · Land

1256 YORKS CORNERS ROAD, Ottawa

1256 YORKS CORNERS ROAD, Ottawa, ON K0A1V0

$349,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

About this property

33 Acres of Possibility - Bring Your Vision to Life! Some properties are defined by what's already there. Others are defined by what could be. Welcome to 1256 Yorks Corners Road, where approximately 33 acres of rural countryside offer a rare opportunity to imagine something entirely your own. Whether your dream is to establish a country homestead, explore agricultural possibilities, create a private recreational retreat, or find a peaceful escape from the everyday, this expansive property offers the space to start planning your next chapter. Located in the countryside near Metcalfe, this substantial parcel provides an opportunity for those who value land, independence, and the possibilities that come with rural ownership. Imagine building a home surrounded by nature, pursuing your farming ambitions, or simply having room to enjoy the great outdoors. Whatever your vision, the land is the starting point. The property currently includes a house, barn, and cabin, all of which are in poor condition and require substantial attention. This property is being marketed and priced for its land value only. No value has been attributed to the existing structures, and all buildings are included in strictly "as-is, where-is" condition. Buyers should anticipate significant rehabilitation or potential removal of existing structures. The land is here. The possibilities are yours to explore. Bring your ideas, your plans, and your imagination to 1256 Yorks Corners Road. (id:66811)

Financial sandbox

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Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-3K

Cash-on-cash

-3.32%

DSCR

0.82

Going-in cap

4.55%

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

86,346

Households

30,189

Median income

$73,000

Median age

40.7

Daytime population

110,098

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 1256 YORKS CORNERS ROAD, Ottawa.

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.