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$174,900 total
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Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
Bring your vision for country living to this newly severed 3.6-acre lot on Desert Lake Road. A mix of wooded areas and field clearings gives the property natural character and room to create your own outdoor spaces. The building envelope is positioned toward the rear of the lot, offering an opportunity to set your future home well back from the road and make the most of the rural surroundings. With space for gardens, outdoor living and a home designed around your needs, this parcel offers a fresh start in the countryside. A well and entrance have yet to be installed, allowing you to plan these improvements as part of your build. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$808
Projected NOI
$7K
Annual cash flow
$-3K
Cash-on-cash
-5.14%
DSCR
0.72
Going-in cap
4.00%
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
66,121
Households
25,971
Median income
$107,000
Median age
35.9
Daytime population
61,856
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for LOT 1 DESERT LAKE ROAD, Frontenac (Frontenac South).
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.