For Sale · Land

LOT 6 8703 ST LAWRENCE AVENUE, Prince George

LOT 6 8703 ST LAWRENCE AVENUE, Prince George, BC V2N0H3

$239,900 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

92%

Lot Size

0.1855514233241506 ac

About this property

Introducing Ridgecrest Estates Phase 3 located in the highly sought after Vista Ridge neighborhood at the top of St Lawrence Ave. Large 62' or greater lots will accommodate duplexes or triple garage plans and view lots offer wonderful Eastern Vistas of the city and Tabor Mountain. All lots are within the choice Southridge Elementary and College Heights Secondary School catchments. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$240K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-4K

Cash-on-cash

-5.11%

DSCR

0.72

Going-in cap

4.01%

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

43,997

Households

16,931

Median income

$115,000

Median age

32.8

Daytime population

43,316

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for LOT 6 8703 ST LAWRENCE AVENUE, Prince George.

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.