Business For Sale · Land

37724 NILE ROAD, Ashfield-Colborne-Wawanosh (West Wawanosh)

37724 NILE ROAD, Ashfield-Colborne-Wawanosh (West Wawanosh), ON N7A3Y3

$1.4M total

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Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

87%

Lot Size

146 ac

About this property

Approximately 147 Acres available with approximately 46 Acres workable and 101 Acres of mixed bush with Sharpes Creek running through. The prime workable land is currently being farmed as Organic. This sale will be conditional upon the proposed severance of the house and buildings (plus/minus 6 acres) from the total of 153 Acres. Zoning is AG1/NE1/NE5. All measurements to be verified. Call today for your opportunity to own some Ontario Farmland! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$51K

Annual cash flow

$-24K

Cash-on-cash

-5.99%

DSCR

0.68

Going-in cap

3.74%

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

103,844

Households

39,651

Median income

$111,500

Median age

34.8

Daytime population

130,748

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 37724 NILE ROAD, Ashfield-Colborne-Wawanosh (West Wawanosh).

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.