For Sale · Land

3820 RAINHAM Road, Selkirk

3820 RAINHAM Road, Selkirk, ON N0A1P0

$749,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

97%

Lot Size

10 ac

About this property

Ideally located, picturesque 10 acre Selkirk building lot with multiple choice sites to build your Dream Country Estate. A rarely offered combination of workable land, frontage, large aggregate parking area, culvert installed, & bonus no developmental charges due to recent home being tore down. With the land size & workable land it allows for perfect hobby farm & features many uses. Located minutes from Selkirk, Hagersville, Port Dover, & relaxing commute to Hamilton. It’s a lifestyle that needs to be experienced. Design, Build, & Enjoy Selkirk Country Living at its Finest. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$749K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$35K

Annual cash flow

$-6K

Cash-on-cash

-2.87%

DSCR

0.84

Going-in cap

4.68%

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

133,934

Households

52,530

Median income

$132,000

Median age

36.2

Daytime population

157,261

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 3820 RAINHAM Road, Selkirk.

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.