1/7V/L Lake Killarney Road, Lake Killarney
V/L Lake Killarney Road, Lake Killarney, NS B4H3Y2
$72,000 total
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Asset Class
Land
Size
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Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
93%
Lot Size
80 ac
About this property
This 80-acre woodlot near Lake Killarney in Cumberland County offers productive forestland, with red spruce and tamarack among the species identified in the forestry management plan. The plan identifies two areas totalling approximately 24 acres for potential commercial thinning around 2035. This woodlot is also the missing piece between the approximately 90-acre parcel on Sunrise Trail (Highway 6) and the 43-acre lakefront parcel on Lake Killarney. Both are part of a separate three-parcel offering from a different seller (MLS® 202626532), which also includes approximately 50 acres on Blair Road. Acquiring both listings would bring the total to approximately 263 acres across four parcels, including 213 contiguous acres stretching from Highway 6 to Lake Killarney. A great opportunity! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$332
Projected NOI
$4K
Annual cash flow
$-161
Cash-on-cash
-0.74%
DSCR
0.96
Going-in cap
5.32%
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
126,055
Households
50,292
Median income
$98,500
Median age
45.5
Daytime population
199,708
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for V/L Lake Killarney Road, Lake Killarney.
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.