For Sale · Land

118 Aspen ROAD, Diefenbaker Lake

118 Aspen ROAD, Diefenbaker Lake, SK S0H1J0

$59,900 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

83%

Lot Size

0.13 ac

About this property

Welcome to The Bays, a captivating community nestled along the scenic Diefenbaker waters. As you approach you'll find yourself enchanted by the tranquility that defines the surroundings. Disliking the stress of waiting for the day where you have to rush to the phones and pick your lot for summer? Those days could be over… where you have a guaranteed place to come with your RV and leave things set up while paying off a tangible piece of Real Estate!! This is a very unusual development, as the slope of the land gives almost every lot a view so you cannot forget that you are at the Lake! This development has treated (line 19 metered water) and irrigation water being trenched in along with power already on each lot. The abundance of shoreline and pristine beaches of Lake Diefenbaker are just a few steps away! Be a trailblazer in our newest development, a visionary opportunity that promises not only a spectacular residence but also a wise investment in your future. Call today, lifestyle and the water awaits! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$2K

Annual cash flow

$-1K

Cash-on-cash

-6.87%

DSCR

0.63

Going-in cap

3.48%

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

64,612

Households

23,182

Median income

$122,500

Median age

36

Daytime population

64,824

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 118 Aspen ROAD, Diefenbaker Lake.

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.