1/11Block A FARRER COVE, Belcarra
Block A FARRER COVE, Belcarra, BC V0V0V0
$899,000 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%
Lot Size
5.86 ac
About this property
Incredible near 6 Acre FREEHOLD Parcel of Waterfront Property- directly across from Deep Cove at Farrer Cove, Indian Arm! This large acreage offers due south west facing waterfront views..by far one of the sunniest and most coveted areas of Belcarra and Indian Arm! This opportunity for a raw lot only comes around once every once in a while and is the perfect blank slate for building your waterfront dream home. The lot has BC hydro power right to the lot and there is a very large dock already in place for you to get started. This is a boat access only property- a mere 7 minutes from Deep Cove and Belcarra! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$36K
Annual cash flow
$-14K
Cash-on-cash
-5.03%
DSCR
0.73
Going-in cap
4.03%
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
46,118
Households
20,016
Median income
$108,500
Median age
31.7
Daytime population
46,900
5-yr growth
4.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Block A FARRER COVE, Belcarra.
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.