0000 NORTH LUNENBURG ROAD W, South Stormont
0000 NORTH LUNENBURG ROAD W, South Stormont, ON K0C1R0
$650,000 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
96%
About this property
A great opportunity to own approximately 100 acres of rural property on North Lunenburg Road. This property consists of two separate parcels and offers plenty of space, privacy and beautiful natural surroundings. The Raisin River runs through the property, with mature hardwood trees throughout portions of the land. A great spot for anyone who enjoys the outdoors, with plenty of potential for hunting, recreation or simply enjoying the peace and quiet of country living. Whether you're looking for a recreational property or a place to enjoy the outdoors, this is a property worth taking a look at! Hydro is available nearby. Please book a showing prior to walking the property. Buyers to do their own due diligence with respect to any building plans, permitted uses and setbacks with the local township of South Stormont. Taxes are to be determined. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$35K
Annual cash flow
$-721
Cash-on-cash
-0.37%
DSCR
0.98
Going-in cap
5.43%
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
47,400
Households
17,981
Median income
$88,500
Median age
41.7
Daytime population
65,145
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 0000 NORTH LUNENBURG ROAD W, South Stormont.
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.