1/4317418 Hwy 6, Manitowaning
17418 Hwy 6, Manitowaning, ON P0P1N0
$1.3M total
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
93%
About this property
462 Acres of endless possibilities. This property has many potential opportunities. Development, farm, aggregate and hunt ground. There is approximately 2675 feet of undeveloped shoreline. Over 80 acres of pasture and tillable ground which could be further expanded. Sand and gravel to help build the road to the lakeshore lots. Known for deer country and some lower lying area for water fowl. Large stand of hardwood for maple syrup production and ample cedar to timber. Currently on site is a two bedroom modular dwelling, old barn, storage container and garden shed. Make an appointment to come and explore this property with Manitoulin Island Real Estate Brokerage Inc. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$69K
Annual cash flow
$-711
Cash-on-cash
-0.19%
DSCR
0.99
Going-in cap
5.48%
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
90,231
Households
31,467
Median income
$84,000
Median age
43.6
Daytime population
129,776
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 17418 Hwy 6, Manitowaning.
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.