Business For Sale · Specialty

Lot L2A-R Lower Branch Road, New Canada

Lot L2A-R Lower Branch Road, New Canada, NS B4V4V5

$350,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

Lot Size

57.034 ac

About this property

Calling all horse enthusiasts and hobby farmers! This 57-acre property is anchored by a massive 14,923 sq. ft., two-storey barn that immediately sets the stage for your rural vision. With its size and versatility, the barn is ideal for stalls, hay and equipment storage, or a wide range of agricultural uses. The acreage itself offers incredible potential. Approximately 30 acres are already cleared and currently planted with haskap berry bushes - a unique crop that can continue to be cultivated or be transitioned into rolling pastures for horses or livestock. Adding to its value, the property includes a private shale pit for road maintenance, a pond for water supply, and a dug well that can be reconnected to the barn. Thanks to its high elevation, you'll also enjoy sweeping panoramic views and the perfect site to build your dream home overlooking the fields and barn. This is more than land; it's a canvasoffering the space, setting, and freedom to create the equestrian retreat or hobby farm lifestyle youve always imagined. Peaceful, yet only 20 minutes to Bridgewater and 12 minutes to the village of New Germany, it strikes the perfect balance of country living with nearby convenience. (id:66811)

Financial sandbox

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Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$2K

Cash-on-cash

1.65%

DSCR

1.09

Going-in cap

6.04%

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

111,204

Households

47,902

Median income

$69,500

Median age

40.7

Daytime population

140,212

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for Lot L2A-R Lower Branch Road, New Canada.

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.