18 CARROL LANE, Tay (Waubaushene)
18 CARROL LANE, Tay (Waubaushene), ON L0K2C0
$11.5M total
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Asset Class
Land
Size
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Building class
C
Zoning
AG — Agricultural
$ / SF
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Occupancy
92%
About this property
This 26-acre property in the Town of Tay, located just 2 minutes from Highway 400 and offering convenient access (roughly an hour from Vaughan, 35 minutes from Barrie, and 35 minutes from Midland), presents a strong opportunity for innovative residential development. While the zoning and official plan must be consulted to confirm suitability for the 55-60-lotsubdivision. The City's stated willingness to cooperate with distinctive and renowned builders on innovative projects aligns with broader municipal trends in the region, where towns are actively streamlining approvals and offering support for creative housing solutions to address affordability and availability. Currently there are 18 lots registered on two streets. (id:66811)
Financial sandbox
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Monthly debt service
$53K
Projected NOI
$491K
Annual cash flow
$-146K
Cash-on-cash
-4.23%
DSCR
0.77
Going-in cap
4.27%
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
132,228
Households
49,638
Median income
$62,000
Median age
39.7
Daytime population
201,992
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 18 CARROL LANE, Tay (Waubaushene).
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.