For Sale · Land

PART LOT 15 1ST LINE EHS, Mulmur

PART LOT 15 1ST LINE EHS, Mulmur, ON L9V0G2

$499,900 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

91%

About this property

Discover the ideal canvas for your future plans at this picturesque 3.4-acre lot nestled in the hills of Mulmur. Offering 250 feet of frontage along a peaceful rural road, this property beautifully blends open space and natural privacy with a gently rolling topography featuring open meadow in the front half and a mixed forest encompassing the rear. Added bonus of a small, solid garden shed with steel roof for storage of tools and off season items. Enjoy the quintessential tranquility of countryside living without sacrificing convenience, perfectly situated just 8 km from Mansfield, 20 km from the charming village of Creemore, and 42 km from Collingwood. Whether you envision a custom retreat or a multi-generational estate, this exceptional parcel offers endless possibilities in one of Mulmur's most desirable locations. Enjoy easy access to local Bruce Trail access points, skiing, golf, great local restaurants, shops and markets. Buyer to be responsible for their own due diligence on development at the property and all fees associated. Please do not walk the property without a confirmed showing appointment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$22K

Annual cash flow

$-5K

Cash-on-cash

-3.56%

DSCR

0.81

Going-in cap

4.47%

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

81,743

Households

38,033

Median income

$83,000

Median age

39.4

Daytime population

105,972

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for PART LOT 15 1ST LINE EHS, Mulmur.

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.