For Sale · Land

Proposed Lot 5 Eaglecrest Dr, Qualicum Beach

Proposed Lot 5 Eaglecrest Dr, Qualicum Beach, BC X1X1X1

$509,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

99%

Lot Size

0.19892102846648302 ac

About this property

Take advantage of this unique opportunity to build your new home in a beautiful golf course and parkland neighbourhood. Incredible sandy beaches await your footprints; miles of trails take you through the parkland areas. Lots to explore! Check out the golfing at nearby Eaglecrest 9 hole Golf Course, relax at the popular “Shack”. A comfortable destination. Shopping is minutes away in Qualicum Beach Village or nearby Parksville. Choose from 5 lots offering flexibility and building opportunity. All lots back onto the Eaglecrest parklands. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$509K
Down payment30% · $153K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$28K

Annual cash flow

$-625

Cash-on-cash

-0.41%

DSCR

0.98

Going-in cap

5.42%

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

67,808

Households

27,452

Median income

$87,500

Median age

45.1

Daytime population

59,387

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for Proposed Lot 5 Eaglecrest Dr, Qualicum Beach.

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.