1/13PT LT 7 CON 10 PICKEREL & JACK LAKE ROAD, Armour
PT LT 7 CON 10 PICKEREL & JACK LAKE ROAD, Armour, ON P0A1C0
$599,999 total
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Asset Class
Land
Size
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Building class
A
Zoning
AG — Agricultural
$ / SF
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Occupancy
96%
About this property
First time offered in 125 years! Located in the picturesque Township of Armour, 5 min drive to Burks Falls and 30 min commute to Huntsville. 90+ acres of untouched, mature forest with 1,850 ft of scenic Magnetawan River frontage, offering exceptional privacy and natural beauty. Located on a year-round municipally maintained road with hydro available right at the lot line for development. Designated as a buildable lot with ample space to select your ideal building site taking full advantage of the surrounding topography and river views. Enjoy total seclusion without sacrificing convenience. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$25K
Annual cash flow
$-9K
Cash-on-cash
-4.82%
DSCR
0.74
Going-in cap
4.09%
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
40,906
Households
15,032
Median income
$122,500
Median age
35.7
Daytime population
36,115
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for PT LT 7 CON 10 PICKEREL & JACK LAKE ROAD, Armour.
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.