For Sale · Land

CON 11, LOT 6 HINCHINBROOKE ROAD, Frontenac (Frontenac South)

CON 11, LOT 6 HINCHINBROOKE ROAD, Frontenac (Frontenac South), ON K0H1W0

$349,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

89%

About this property

Welcome to your own private piece of forested, waterfront land on Hinchinbrooke Road in Hartington! This stunning parcel offers just under 40 acres of beautiful, natural land with water access on Little Mud Lake, 100ft dock in place! Whether you're looking to build your dream home, create a private country retreat, or simply enjoy the great outdoors, this property offers endless possibilities. The land features multiple excellent building sites, trails throughout, your own private island, and a beautiful mature forest that is easy to explore and navigate featuring rock outcrops, flat areas, lush forest, beautiful managed hydro easement corridor and private shoreline. Wildlife is abundant, with frequent sightings of deer, wild turkeys, and more, making this an incredible setting for nature lovers, hunters and outdoor enthusiasts. Over 800ft on Little Mud Lake providing private access for boating, swimming, fishing etc. The private island is off the mainland on Little Mud (Great for exploring, duck hunting, camping etc). Enjoy the best of both worlds with a peaceful, rural setting while remaining conveniently located close to Verona and Harrowsmith. With nearly 40 acres to explore, water access, established trails, great building potential, and an abundance of natural beauty, there is truly so much to offer here. Please note: there is a hydro easement (id:66811)

Financial sandbox

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Estimate
Purchase price$349K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-3K

Cash-on-cash

-2.78%

DSCR

0.85

Going-in cap

4.71%

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

93,036

Households

33,606

Median income

$65,500

Median age

40.5

Daytime population

97,827

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for CON 11, LOT 6 HINCHINBROOKE ROAD, Frontenac (Frontenac South).

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.