For Sale · Specialty

5864 ST. PETERS Road, St. Peters Bay

5864 ST. PETERS Road, St. Peters Bay, PE C0A2A0

$50,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

88%

About this property

TO BE MOVED. Introducing the Bayberry Cottage, a charming 464 sq. ft. two-bedroom cottage ready to be moved to your property! This cottage offers a functional layout with hardwood flooring in the kitchen, dining area, and living room. Features include a heat pump, metal roofing installed in 2023, vinyl siding, a breaker panel, an electric hot water heater, and a newer shower. Egress windows provide an added safety feature. Appliances are included, making this a great opportunity for anyone looking to add a cottage to their property. Also if you are looking for more than one cottage right beside Bayberry, the Lupin Cottage is also available to be bought to be moved. Please note: The cottage is being sold to be moved, and relocation is the buyers responsibility & buyers cost. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$3K

Annual cash flow

$35

Cash-on-cash

0.23%

DSCR

1.01

Going-in cap

5.61%

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

57,209

Households

21,827

Median income

$125,500

Median age

37.1

Daytime population

78,944

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 5864 ST. PETERS Road, St. Peters Bay.

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.