1/7108 MAIN STREET W, Kawartha Lakes (Bobcaygeon)
108 MAIN STREET W, Kawartha Lakes (Bobcaygeon), ON K0M1A0
$499,900 total
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
89%
Lot Size
0.904 ac
About this property
0.904-acre urban residential vacant land site zoned R4-S1 in the heart of Bobcaygeon. This well-located parcel offers excellent development potential for multiple-family residential uses, including apartments, condominiums, fourplexes, and other low-rise residential forms, subject to municipal approvals.With municipal water and sanitary sewer services available, the property is well positioned for a boutique infill development. Based on the approximate lot area of 3,639.62 sq. m. and a density allowance of one dwelling unit per 225 sq. m., the site may accommodate approximately 14-16 dwelling units, subject to final design, zoning review, and approvals.Located in one of Kawartha Lakes' most desirable communities, the site benefits from proximity to downtown Bobcaygeon, local shops, restaurants, amenities, Pigeon Lake, and the Trent-Severn Waterway. A strong opportunity for builders and developers looking to deliver quality housing in a growing waterfront community. (id:66811)
Financial sandbox
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Monthly debt service
$2K
Projected NOI
$23K
Annual cash flow
$-5K
Cash-on-cash
-3.07%
DSCR
0.83
Going-in cap
4.62%
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
94,768
Households
44,174
Median income
$73,500
Median age
40.9
Daytime population
121,845
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 108 MAIN STREET W, Kawartha Lakes (Bobcaygeon).
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.