For Sale · Land

LT 4 PL M496 GRAND TRUNK ISLAND, Callander

LT 4 PL M496 GRAND TRUNK ISLAND, Callander, ON P0H1H0

$49,999 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

About this property

Private Island Retreat - Lot 4, Grand Trunk Island (RR-4), Lake Nipissing. 1.197 Acres | Approx. 144'Waterfront | Excellent Fishing | Tremendous Value. Escape to the tranquility of Lot 4 on Grand Trunk Island (RR-4) - a 1.197-acre private waterfront parcel set in one of Lake Nipissing's most beautiful and serene bays. With approximately 144 feet of clean, gently sloped shoreline, this west-facing lot offers breathtaking sunsets, natural shelter from wind and wave activity, and a rare sense of seclusion - all just a10-minute boat ride from Callander Boat Launch. The clear shoreline entry provides direct access for a fair-sized boat, making it ideal for cottagers, outdoor enthusiasts, and anglers. The bay is well known for its unparalleled summer and ice fishing, and offers an exceptional natural setting for kayaking, swimming, and observing local birdlife. Note: Development on the property may be subject to municipal approvals, environmental assessments, and conservation authority regulations. Purchasers are encouraged to complete their own due diligence regarding development restrictions and permitting requirements. Whether you're seeking an off-grid hideaway, a recreational base, or a private place to unwind in nature, Lot 4 offers outstanding value and a rare opportunity to own a pristine piece of Lake Nipissing. (id:66811)

Financial sandbox

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Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$2K

Annual cash flow

$-560

Cash-on-cash

-3.74%

DSCR

0.80

Going-in cap

4.42%

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

44,842

Households

17,202

Median income

$124,000

Median age

32.2

Daytime population

54,302

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for LT 4 PL M496 GRAND TRUNK ISLAND, Callander.

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.