For Sale · Land

611 TUSCARORA ROAD, Huron-Kinloss

611 TUSCARORA ROAD, Huron-Kinloss, ON N0G2R0

$233,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

About this property

Whether you're envisioning a year-round haven or a peaceful summer escape, this hidden gem offers a rare blend of natural seclusion and convenience. The spacious, naturally treed corner lot offers approximately 115.5 ft x 130 ft (0.35 acre). Enjoy the serenity of mature hemlock, birch, and maple trees, with dappled sunlight filtering through the canopy and a natural berm providing an added sense of privacy. The berm and natural contours of the property also create a rare opportunity for inspired architectural design. Imagine a home thoughtfully positioned and elevated above the landscape, cantilevering over the natural contours of the property and immersing you in the surrounding woodland. An existing cut-in driveway provides access to the lot. Municipal water and natural gas services are available in the area. Located at the corner of Tuscarora Road and Onandago Place in the lakeside community of Point Clark, Bruce County, this property is just minutes from the sparkling shores of Lake Huron. Enjoy beautiful beaches, spectacular sunsets, and nearby walking trails, while the shops, restaurants, and amenities of Kincardine are just a short drive away. A rare opportunity to create your own unique home or cottage sanctuary in a naturally beautiful setting, where privacy, nature, and the lake lifestyle come together. (id:66811)

Financial sandbox

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Estimate
Purchase price$233K
Down payment30% · $70K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-648

Cash-on-cash

-0.93%

DSCR

0.95

Going-in cap

5.26%

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

47,698

Households

17,788

Median income

$91,000

Median age

44.4

Daytime population

70,770

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 611 TUSCARORA ROAD, Huron-Kinloss.

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.