Business For Sale · Specialty

181 MELVILLE ROAD, Prince Edward County (Hillier Ward)

181 MELVILLE ROAD, Prince Edward County (Hillier Ward), ON K0K1T0

$1.8M total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

Lot Size

4.895 ac

About this property

An exceptional investment opportunity in Prince Edward County: nearly 5 acres with 489 feet of premium waterfront in one of Ontario's most sought-after regions. This rare property offers 60trailer sites, two residences, a garage, and a recreation hall-delivering immediate operational potential while offering a strong foundation for redevelopment. Presently there are 15 sites that are operational. With its substantial acreage, zoning flexibility, and prime lakeside setting, the property is ideally positioned for transformation into a luxury resort, boutique vacation community, or tiny home development. The natural topography and extensive shoreline provide outstanding views and waterfront access, enhancing long-term value and appeal. Located within Prince Edward County's acclaimed wineries, restaurants, and tourist amenities,this site combines tranquillity within one of Ontario's premier leisure markets. Key Highlights:4.9-acre site with 489 ft of Lake Consecon waterfront 60 serviced sites plus two houses, garage, and rec hall Strong redevelopment potential for upscale resort or community use; close to major County attractions and established tourism routesHigh-demand area with robust short-term rental and hospitality growth A rare chance to secure a signature waterfront footprint with excellent upsidepotential-perfect for developers seeking a flagship hospitality or residential project inPrince Edward County. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.80M
Down payment30% · $540K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$133K

Annual cash flow

$33K

Cash-on-cash

6.14%

DSCR

1.33

Going-in cap

7.38%

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

58,129

Households

24,018

Median income

$125,500

Median age

37.7

Daytime population

82,581

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 181 MELVILLE ROAD, Prince Edward County (Hillier Ward).

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.