For Sale · Land

Lot 5 BURNS ROAD, Gibsons

Lot 5 BURNS ROAD, Gibsons, BC V0N1V0

$799,000 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

85%

Lot Size

0.95 ac

About this property

0.95 Ac with over 200 frontage on Burns Road. Goosebird Creek running through edge of property. Lots of options here. Close to Pebbles Beach, parks, quiet location. Lovely treed lot. Excellent area of established homes. RL-1 Low density residential zoning options. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$799K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$38K

Annual cash flow

$-6K

Cash-on-cash

-2.47%

DSCR

0.87

Going-in cap

4.80%

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

127,978

Households

52,080

Median income

$86,000

Median age

39.8

Daytime population

208,696

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for Lot 5 BURNS ROAD, Gibsons.

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.