Business For Sale · Land

1491 WINTER DRIVE, Adelaide Metcalfe

1491 WINTER DRIVE, Adelaide Metcalfe, ON N7G3H5

$775,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

97%

Lot Size

50 ac

About this property

50 acre parcel of which approx 37 acres are workable. Farmers - great opportunity to add to your land base. 10 acres bush at back. Great building site as well for one residential home. Bids/offers due by 10am on Wednesday Oct 14th. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$775K
Down payment30% · $233K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$43K

Annual cash flow

$218

Cash-on-cash

0.09%

DSCR

1.01

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

105,764

Households

44,989

Median income

$92,500

Median age

42.5

Daytime population

149,745

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 1491 WINTER DRIVE, Adelaide Metcalfe.

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.