For Sale · Land

Lot 7-9 Clyde Street, Plaster Rock

Lot 7-9 Clyde Street, Plaster Rock, NB E7G1T4

$12,500 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

Lot Size

0.2545183179057343 ac

About this property

Tucked away on a quiet no-through road, this 1,030-square-metre residential building lot offers something increasingly hard to find: a peaceful, low-traffic setting with municipal water and municipal sewer hookups available. That means no well to drill and no septic system to install a faster, cleaner path from purchase to construction, and a lower long-term maintenance burden. The lot size leaves room for a comfortable home, garage, gardens and outdoor living space, all framed by the kind of privacy that only a street with no through traffic can give. Plaster Rock itself is a community that punches well above its weight: a friendly, close-knit village on the Tobique River with everyday essentials, schools, and outdoor recreation fishing, paddling, snowmobiling and trails right at hand. And each winter it draws visitors from around the world as the proud home of the World Pond Hockey Tournament, a four-day festival of hockey, music and community spirit that puts this small New Brunswick village firmly on the map. Whether you're building a family home, a retirement retreat, or a smart investment property, this is a rare chance to put down roots in a place with genuine small-town character and a very big reputation. (id:66811)

Financial sandbox

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Estimate
Purchase price$13K
Down payment30% · $4K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$58

Projected NOI

$581

Annual cash flow

$-111

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

43,085

Households

17,201

Median income

$74,000

Median age

39.1

Daytime population

71,026

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for Lot 7-9 Clyde Street, Plaster Rock.

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.