1/501841 FIFTH LAKE ROAD, Central Frontenac
1841 FIFTH LAKE ROAD, Central Frontenac, ON K0H2K0
$2.0M total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Lot Size
20.376 ac
About this property
If someone told you that a perfect retirement doesn't exist, show them this property. Discover the ultimate waterfront lifestyle and active retirement opportunity with Pineridge Cottages, a serene turn-key property featuring a rustic 1,700 sq. ft. main log home and 11 fully-equipped seasonal cottages situated along a massive, private approx 1,425 feet of pristine shoreline. Perfect for an owner-operator or multi-generational family seeking peace, privacy, and built in rental income, this tranquil sanctuary offers endless opportunities for boating, fishing, and relaxation in an idyllic setting. With established repeat clientele and numerous recent upgrades, this rare package seamlessly combines residential luxury with an accessible, high yield business opportunity. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$157K
Annual cash flow
$46K
Cash-on-cash
7.66%
DSCR
1.41
Going-in cap
7.84%
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
41,460
Households
14,703
Median income
$89,500
Median age
45
Daytime population
44,855
5-yr growth
5.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1841 FIFTH LAKE ROAD, Central Frontenac.
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.