For Sale · Land

Lot 57 Little Halfway Lake Road, Kemptville

Lot 57 Little Halfway Lake Road, Kemptville, NS B0W1Y0

$64,900 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

95%

Lot Size

8.9452 ac

About this property

8.95 acres with approximately 246 feet of frontage on Little Halfway Lake, locally known for its pristine clear water! This surveyed, wooded waterfront property offers plenty of space and privacy for seasonal cottage, recreational retreat or future year-round home. Electricity is available along Little Halfway Lake Road, adding convenience for future development. Surrounded by forest and water, the property provides a peaceful setting for enjoying life at the lake without being too far from everyday conveniences. Carleton is approximately 20 minutes away, while Yarmouth, with its shopping, restaurants, healthcare and other major amenities, is approximately 40 minutes away. HST is applicable and is over and above the purchase price. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $19K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$3K

Annual cash flow

$-437

Cash-on-cash

-2.24%

DSCR

0.88

Going-in cap

4.87%

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

46,792

Households

20,130

Median income

$80,000

Median age

40.7

Daytime population

71,991

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for Lot 57 Little Halfway Lake Road, Kemptville.

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.