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$1.2M total
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Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
—
Occupancy
92%
59 ACRES OF COUNTRY LIVING, EQUESTRIAN FACILITIES & ENDLESS POSSIBILITIES! Nestled along the Nation River in South Mountain, this exceptional hobby farm offers an incredible combination of comfortable living, impressive outbuildings, and room to pursue your passions! The sprawling brick bungalow welcomes you with a warm country feel, featuring gorgeous vaulted ceilings with exposed wood beams, gleaming hardwood floors, and a beautiful fireplace anchoring the spacious living and dining area. With 4 bedrooms and 3 full bathrooms, there's plenty of room for family and guests. A separate guest wing, complete with its own kitchen and living space, offers wonderful flexibility for extended family or multi-generational living. The beautifully finished lower level (2024) provides an abundance of additional living space, including a large recreation room, office/library area, and two separate entrances from the main level. Outside, enjoy expansive decking, a charming gazebo, and peaceful country surroundings. EQUESTRIAN ENTHUSIASTS WILL LOVE the impressive 50' x 120' indoor riding arena and 6-stall horse barn, offering the opportunity to enjoy horses year-round! A 25' x 50' insulated workshop with its own 200-amp service is ideal for hobbyists, equipment storage, or entrepreneurial pursuits. A former dog grooming area provides additional possibilities for a home-based business. Other notable features include a 20 kW backup generator, roof replaced in 2020 with 40-year shingles, and two drilled wells. With nearly 60 acres to explore, scenic riverfrontage, multiple outbuildings, and exceptional versatility, this is more than a home-it's an opportunity to embrace the country lifestyle you've been dreaming of! BRING YOUR HORSES, YOUR HOBBIES, AND YOUR DREAMS! (id:66811)
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Monthly debt service
$6K
Projected NOI
$64K
Annual cash flow
$-3K
Cash-on-cash
-0.83%
DSCR
0.96
Going-in cap
5.29%
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.
Trade area within 3 miles of the property.
Population
92,020
Households
38,777
Median income
$79,000
Median age
42.6
Daytime population
127,029
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3245 WALLACE ROAD, North Dundas.
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.