1/213365 SOUTH GRIMSBY ROAD 10, West Lincoln (West Lincoln)
3365 SOUTH GRIMSBY ROAD 10, West Lincoln (West Lincoln), ON L0R2A0
$659,000 total
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Asset Class
Land
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
90%
Lot Size
60 ac
About this property
Approximately 60 acres of land consisting of potential farmland and potential recreational land, treed lands, and wetlands. A portion of the lands are currently leased to a farmer but that lease ends at the end of this year. Plenty of uses see attachments, can build on 30 acres of the land and there is a variety of uses for the treed lands (see attachments). There are a few signs on the property as the MPAC Address doesn't reflect the actual property please see cross Roads and Directions along with the photos of the property and surrounding landmarks and existing businesses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$26K
Annual cash flow
$-11K
Cash-on-cash
-5.37%
DSCR
0.71
Going-in cap
3.93%
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
123,850
Households
51,024
Median income
$67,000
Median age
37.7
Daytime population
180,720
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3365 SOUTH GRIMSBY ROAD 10, West Lincoln (West Lincoln).
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.