For Sale · Land

5173 LINE 6 LINE, Perth South (Blanshard)

5173 LINE 6 LINE, Perth South (Blanshard), ON N4X1C8

$3.9M total

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Asset Class

Land

Size

—

Building class

C

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

85%

About this property

An exceptional opportunity to own with 96.3 acres in a peaceful country setting, offering a combination of workable farmland, outbuildings and a charming century home filled with character and potential. Set along a paved road, this beautiful two-storey yellow brick home showcases its original 1880s Victorian craftsmanship, featuring intricate decorative masonry, stepped corbelling, ornamental dentil brickwork, horizontal brick banding and distinctive corner detailing. An enclosed side porch welcomes you into a home offering four bedrooms, one bathroom, main-floor laundry and a cozy wood-burning fireplace in the dining room. The property offers approximately 82 acres of systematically tiled workable land with Listowel Silt Loam and Parkhill Loam soil. Additionally there are 12 acres of bush +/-, and approximately 2 acres +/- surrounding the home and outbuildings, providing serene rural living. An assortment of outbuildings adds to the property's versatility, including a detached garage, Quonset hut and several barns currently used for dry storage. Complete with a drilled well, paved road frontage and an abundance of possibilities, this property offers the opportunity to enjoy country living, expand agricultural pursuits or bring new life to a home rich in history and character. A rare opportunity to own a substantial country property with productive acreage, space and endless potential. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.85M
Down payment30% · $1.16M
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$156K

Annual cash flow

$-57K

Cash-on-cash

-4.95%

DSCR

0.73

Going-in cap

4.06%

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

90,760

Households

39,581

Median income

$123,000

Median age

36.9

Daytime population

153,256

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 5173 LINE 6 LINE, Perth South (Blanshard).

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.