1/228 SECOND Road W, Stoney Creek
28 SECOND Road W, Stoney Creek, ON L8J2V3
$599,000 total
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Asset Class
Land
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
85%
About this property
Rare opportunity to purchase a fully serviced 50' x 153' BUILDING lot in the sought-after Exalante area of Stoney Creek. Build your dream home with the builder of your choice, or take advantage of a builder available to assist with your project. Ready for development and ideally located in a growing residential community (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$26K
Annual cash flow
$-7K
Cash-on-cash
-4.17%
DSCR
0.77
Going-in cap
4.29%
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
69,179
Households
31,654
Median income
$124,000
Median age
37.1
Daytime population
66,231
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 28 SECOND Road W, Stoney Creek.
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.