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$499,900 total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
91%
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for PART LOT 15 1ST LINE EHS, Mulmur.
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.