For Sale · Land

Lot 2 Conrod Beach Road E, Lower East Chezzetcook

Lot 2 Conrod Beach Road E, Lower East Chezzetcook, NS B0J2L0

$69,900 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

98%

Lot Size

0.8014 ac

About this property

This nearly 1 acre building lot in the seaside community of Lower East Chezzetcook is surveyed, lines cut, perc. tested and has a roughed in driveway. Just a short walk to Conrod Beach and only 20 minutes to Dartmouth this private lot is ready for your dream home. 10 minutes to the amenities of Porters Lake and close to the Trans Canada Trail, Long Beach and Martinique Beach. (id:66811)

Financial sandbox

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Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$4K

Annual cash flow

$-60

Cash-on-cash

-0.28%

DSCR

0.98

Going-in cap

5.46%

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

122,292

Households

47,502

Median income

$69,500

Median age

41.8

Daytime population

188,802

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for Lot 2 Conrod Beach Road E, Lower East Chezzetcook.

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.