For Sale · Land

1585 BELLE RIVER ROAD, Lakeshore

1585 BELLE RIVER ROAD, Lakeshore, ON N0R1A0

$649,900 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

84%

About this property

Discover the opportunity to own a private piece of vacant land in Lakeshore, offering a peaceful natural setting with a river running along the rear of the property. Surrounded by nature, this unique parcel provides a tranquil backdrop and a wonderful sense of privacy. Whether you’re dreaming of a quiet retreat, exploring future possibilities, or looking for a unique land investment, this property offers a beautiful setting with plenty of potential. Buyers to complete their own due diligence regarding permitted uses, zoning, services, access, and building potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$650K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$31K

Annual cash flow

$-5K

Cash-on-cash

-2.62%

DSCR

0.86

Going-in cap

4.75%

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

100,597

Households

37,871

Median income

$72,000

Median age

43.7

Daytime population

85,760

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 1585 BELLE RIVER ROAD, Lakeshore.

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.