For Sale · Land

0 SWINBURNE LANE, Stirling-Rawdon (Rawdon Ward)

0 SWINBURNE LANE, Stirling-Rawdon (Rawdon Ward), ON K0K2M0

$69,000 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

83%

About this property

Discover the perfect setting for your future home on quiet Swinburne Lane in the Rawdon Ward of Stirling-Rawdon. Located on a peaceful cul-de-sac of quality homes, this mostly open building lot offers beautiful countryside views, with mature trees along the road providing added privacy. Within approximately 3 km, you'll find Rylstone Lake, the Crowe River system and a nearby public boat launch, offering convenient opportunities for fishing, boating and enjoying the outdoors. Centrally located between Springbrook, Marmora and Trent Hills, the property is also an easy country drive to groceries, dining, schools and everyday amenities. Belleville, Quinte West and Highway 401 are within comfortable driving distance for commuting and larger shopping needs. A wonderful opportunity to create your dream home or four-season country retreat in a peaceful corner of Hastings County. (id:66811)

Financial sandbox

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Estimate
Purchase price$69K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$319

Projected NOI

$2K

Annual cash flow

$-1K

Cash-on-cash

-6.95%

DSCR

0.62

Going-in cap

3.46%

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

116,382

Households

40,405

Median income

$136,000

Median age

35.3

Daytime population

105,941

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 0 SWINBURNE LANE, Stirling-Rawdon (Rawdon Ward).

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.