For Sale · Land

00 MULDER ROAD, Hamilton Township

00 MULDER ROAD, Hamilton Township, ON K9A4J7

$439,900 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

89%

About this property

Build the lifestyle you've been dreaming of in the picturesque Camborne area, just north of Cobourg. This exceptional, nearly 9-acre parcel presents a rare opportunity to bring your custom home vision to life with the groundwork already in place. Shovel-ready and ready to build on, the property features a generous, cleared central building site, offering an ideal setting to get started on your plans without the time, expense, and effort of clearing a building area. Simply bring your vision and start planning the home you've always imagined. Mature trees frame the front and rear of the property, while the tree-lined Mulder Road frontage creates a beautiful sense of privacy along this peaceful country road. The cleared building envelope provides a wonderful head start, with ample space to design a home that takes full advantage of the surrounding landscape. Whether your plans include a modern country retreat, an impressive luxury estate, or a charming hobby farm, this property offers the space, setting, and opportunity to make it happen. Take in breathtaking western views over Northumberland's rolling hills and enjoy the freedom of nearly 9 acres of countryside to call your own. Located within the desirable Camborne school district, with convenient access to Cobourg amenities and Highway 401, this is an opportunity to secure your ideal country setting and move one step closer to building. The land is ready, the building site is awaiting the possibilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$440K
Down payment30% · $132K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-8K

Cash-on-cash

-6.38%

DSCR

0.65

Going-in cap

3.63%

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

116,560

Households

51,576

Median income

$100,500

Median age

42.8

Daytime population

110,753

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 00 MULDER ROAD, Hamilton Township.

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.