For Sale · Land

2574 FAIRGROUNDS ROAD S, Clearview

2574 FAIRGROUNDS ROAD S, Clearview, ON L0M1G0

$1.7M total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

89%

About this property

A rare 36-acre property offering sweeping country views, privacy and an incredible opportunity just minutes from Creemore. Set in one of the area's most desirable locations, this is a property that can be enjoyed immediately while still offering the freedom to create something truly special over time. Take in the wide-open views and beautiful sunsets that make this setting feel special from morning through evening. The existing shop includes a legal apartment and a beautifully finished full-size gym, creating a unique setup that can serve as a comfortable residence today and a guest suite, studio or retreat in the future. Significant groundwork has already been completed, including removal of the former farmhouse, hydro brought onto the property, well and septic, plus substantial shop and garage space for vehicles, equipment and toys. The property also offers seasonal Airbnb potential. With Collingwood, Blue Mountain, Wasaga Beach, Devil's Glen, Osler Bluff and Mad River Golf Club all within easy reach, this is an exceptional four-season location. Whether your vision is a private retreat, an expanded country residence or a remarkable future estate, properties with this combination of acreage, views, infrastructure and location are increasingly hard to find - this may be the one you've been waiting for. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.70M
Down payment30% · $509K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$83K

Annual cash flow

$-11K

Cash-on-cash

-2.08%

DSCR

0.89

Going-in cap

4.92%

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

83,656

Households

29,364

Median income

$65,500

Median age

40.5

Daytime population

96,370

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 2574 FAIRGROUNDS ROAD S, Clearview.

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.