
0000 NORTH LUNENBURG ROAD W, South Stormont, ON K0C1R0
$650,000 total
—
Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
95%
Lot Size
102.55 ac
A great opportunity to own approximately 100 acres of rural property on North Lunenburg Road. This property consists of two separate parcels and offers plenty of space, privacy and beautiful natural surroundings. The Raisin River runs through the property, with mature hardwood trees throughout portions of the land. A great spot for anyone who enjoys the outdoors, with plenty of potential for hunting, recreation or simply enjoying the peace and quiet of country living. Whether you're looking for a recreational property or a place to enjoy the outdoors, this is a property worth taking a look at! Hydro is available nearby. Please book a showing prior to walking the property. Buyers to do their own due diligence with respect to any building plans, permitted uses and setbacks with the local township of South Stormont. Taxes are to be determined. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$26K
Annual cash flow
$-10K
Cash-on-cash
-5.17%
DSCR
0.72
Going-in cap
3.99%
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
94,526
Households
41,614
Median income
$120,000
Median age
35.1
Daytime population
80,715
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 0000 NORTH LUNENBURG ROAD W, South Stormont.
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.