


1/4554 BARNES AVENUE, Tay (Port McNicoll), ON L0K1R0
$99,000 total
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Asset Class
Land
Size
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Building class
B
Zoning
AG — Agricultural
$ / SF
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Occupancy
100%
Build your dream home on this prime vacant lot in a quaint neighbourhood, just a short walk to the shores of Georgian Bay! Located at 554 Barnes Avenue in Port McNicoll, this 55 x 127 ft lot sits at an elevation that has potential for water views from a second-storey window or balcony. Ideally positioned minutes from marinas and a public boat launch, the property also offers easy access to the Tay Shore Trail, perfect for walking and biking. A short drive to downtown Midland, where you'll enjoy local shops, dining, and waterfront activities. An excellent opportunity to create your own retreat or northern escape, all within two hours of the GTA. EXTRAS: Municipal water & hydro, available at the lot line. (id:66811)
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Monthly debt service
$457
Projected NOI
$6K
Annual cash flow
$36
Cash-on-cash
0.12%
DSCR
1.01
Going-in cap
5.58%
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.
Trade area within 3 miles of the property.
Population
109,760
Households
43,580
Median income
$96,500
Median age
31.4
Daytime population
115,434
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 554 BARNES AVENUE, Tay (Port McNicoll).
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.