For Sale · Land

3985 WEIMAR Line, Waterloo

3985 WEIMAR Line, Waterloo, ON N0B2T0

$799,999 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

About this property

Discover the charm of country living in beautiful Wellesley Township! Situated along Weimar Line, this approximately one-acre vacant lot presents an exciting opportunity to build your dream home in a scenic rural setting. Enjoy the charm of countryside living while remaining conveniently close to St. Jacobs, Elmira, Waterloo, and surrounding amenities. The proposed residential lot has received conditional severance approval from the Township of Wellesley, with final completion pending. Supporting property documentation, including a hydrogeological study, is available. A wonderful opportunity to bring your vision of country living to life! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$40K

Annual cash flow

$-5K

Cash-on-cash

-1.99%

DSCR

0.89

Going-in cap

4.94%

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

87,796

Households

36,955

Median income

$81,000

Median age

43.2

Daytime population

77,127

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 3985 WEIMAR Line, Waterloo.

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.