For Sale · Land

Lot 4 WILLIAMS LANDING, Pitt Meadows

Lot 4 WILLIAMS LANDING, Pitt Meadows, BC V0N1V0

$368,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

87%

Lot Size

0.9874334251606979 ac

About this property

A RARE OPPORTUNITY AT PITT LAKE! Discover Lot 4 at Williams Landing, an exceptional opportunity to create your own recreational retreat surrounded by breathtaking mountain scenery and the natural beauty of Pitt Lake. This cleared lot offers an exciting canvas for those envisioning a private cabin getaway, with boating, fishing, hiking and endless outdoor adventure just beyond your doorstep. Escape the pace of city life and enjoy the tranquility of this unique boat-access community, within reach of Metro Vancouver. Explore the possibilities and make your Pitt Lake getaway a reality! Boat access only. Beautiful 1 acre, freehold lot in the desirable community of Williams Landing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$368K
Down payment30% · $110K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$15K

Annual cash flow

$-5K

Cash-on-cash

-4.91%

DSCR

0.73

Going-in cap

4.07%

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

144,387

Households

59,368

Median income

$65,000

Median age

39.6

Daytime population

173,594

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for Lot 4 WILLIAMS LANDING, Pitt Meadows.

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.