For Sale · Land

740 ELMA Street W, Listowel

740 ELMA Street W, Listowel, ON N4W1W5

$399,900 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

92%

About this property

Building lot zoned R4 in great location in Listowel, close to amenities. Measuring 85 ft x 99 ft this parcel has the possibility of constructing 4 plex, triplex, duplex or single family. Utilities at the road and severance is completed. Ask for concept drawings available upon request. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-6K

Cash-on-cash

-4.78%

DSCR

0.74

Going-in cap

4.11%

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

114,036

Households

50,713

Median income

$115,000

Median age

45.5

Daytime population

125,962

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 740 ELMA Street W, Listowel.

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.