Business For Sale · Land

3068 LAKEVIEW BOULEVARD, Ajax (South East)

3068 LAKEVIEW BOULEVARD, Ajax (South East), ON L1S1A7

$2.0M total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

96%

About this property

Welcome to 3068 Lakeview Blvd.---First time offered for sale in over 50 years! This is a Rare & Fine opportunity to purchase this Extra-Deep Pool Sized Lot on a spectacular stretch of Lakeview Blvd. directly facing the lake & walking trails. Attention Investors Builders, Renovators! This is a 52' x 170' lot with an existing Cottage built in 1939---All being Sold in "As-Is" "where-is" Condition.---Tear down, renovate or Re-build. Fantastic Lot overlooking the lake, walking trails, paths etc. Located near Paradise Beach in popular Ajax, Ontario & overlooking Lake Ontario. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.96M
Down payment30% · $588K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$106K

Annual cash flow

$-3K

Cash-on-cash

-0.47%

DSCR

0.97

Going-in cap

5.40%

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

103,083

Households

47,138

Median income

$82,500

Median age

41

Daytime population

116,203

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 3068 LAKEVIEW BOULEVARD, Ajax (South East).

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.