1/44470 Heck Hill Rd, Mayne Island
470 Heck Hill Rd, Mayne Island, BC V0N2J2
$699,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
93%
Lot Size
10.02 ac
About this property
Looking for ultimate, breathtaking views? Here it is! Come for a walk about on this 10 acre bare land property and start planning your development ideas or keep it simple and use it as a recreational property. Bring your trailer, install a septic system, hook up to the well and power that are already in place and enjoy the fantastic southern exposure with the sun shining all year round. Come Feel the Magic! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-4K
Cash-on-cash
-2.06%
DSCR
0.89
Going-in cap
4.92%
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
42,299
Households
18,051
Median income
$75,000
Median age
39
Daytime population
52,072
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 470 Heck Hill Rd, Mayne Island.
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.