For Sale · Land

Centre St. Railway AV, Whitford

Centre St. Railway AV, Whitford, AB T0B2R0

$15,500 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

93%

Lot Size

0.10099929327923378 ac

About this property

Residential land opportunity in the Hamlet of Whitford, Lamont County—fronting Highway 45 and just minutes from Andrew. Surrounded by open farmland and mature trees, this parcel offers a peaceful rural setting with the convenience of hamlet living. The area permits a variety of urban-type uses, creating flexibility for future plans. Great for those wanting a quiet country setting while staying connected to nearby communities, Whitford is approximately 35 minutes from Mundare, Vegreville and Lamont, about 60 minutes to Fort Saskatchewan, and roughly 70 minutes to Lac La Biche. A great option for investors or anyone looking to secure land in Alberta’s growing heartland. (id:66811)

Financial sandbox

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Estimate
Purchase price$16K
Down payment30% · $5K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$72

Projected NOI

$643

Annual cash flow

$-216

Cash-on-cash

-4.64%

DSCR

0.75

Going-in cap

4.15%

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

109,595

Households

47,385

Median income

$136,000

Median age

36.4

Daytime population

163,504

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for Centre St. Railway AV, Whitford.

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.