For Sale · Land

0 LT 26 CON 2 WBR ALBEMARLE CONCESSION, South Bruce Peninsula

0 LT 26 CON 2 WBR ALBEMARLE CONCESSION, South Bruce Peninsula, ON N0H2T0

$75,000 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%

About this property

Almost 15 acres of vacant land with waterfrontage on Isaac Lake. Close to Wiarton and Sauble Beach. Access is by water from Rankin River Access Point # 2 on Isaac Lake Road. There is also an unopened road allowance from Huron Road to the subject property. Perfect for a recreational getaway this property has no buildings or services and potential buyers are asked to contact the local municipal offices to determine any uses and restrictions on this property. A beautiful, quiet, and private piece of property to escape from the cares of the world. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75K
Down payment30% · $23K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$346

Projected NOI

$3K

Annual cash flow

$-913

Cash-on-cash

-4.06%

DSCR

0.78

Going-in cap

4.32%

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

139,076

Households

61,076

Median income

$125,000

Median age

37.3

Daytime population

134,572

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 0 LT 26 CON 2 WBR ALBEMARLE CONCESSION, South Bruce Peninsula.

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.