For Sale · Land

3440 MURTON ROAD, South Frontenac

3440 MURTON ROAD, South Frontenac, ON K0H1V0

$199,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

99%

About this property

DISCOVER THE PERFECT OPPORTUNITY to build your dream home on this beautiful 2.05 acre parcel of vacant land. Escape to the tranquility and privacy of a country setting while remaining 10 minutes from Kingston and all it amenities. Outdoor enthusiasts will appreciate the nearby access to the scenic K&P trail and Hwy. 38, offering convenient connections to surrounding communities and recreational opportunities. A dug well was installed in 2024, adding value and convenience as you plan your future build. A perfect opportunity to create your own private retreat and enjoy the best of country living with City conveniences close at hand. New Dug Well - May 28, 2024. Photos and Drone shots of the property will be uploaded in a few days. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$11K

Annual cash flow

$50

Cash-on-cash

0.08%

DSCR

1.00

Going-in cap

5.57%

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

130,508

Households

49,788

Median income

$98,500

Median age

44.4

Daytime population

115,514

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 3440 MURTON ROAD, South Frontenac.

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.