Business For Sale · Land

3610 WEST CORNER DRIVE, North Middlesex

3610 WEST CORNER DRIVE, North Middlesex, ON N0M1A0

$1.4M total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

85%

Lot Size

95 ac

About this property

Farmers - great opportunity to add to your land base. House is not included in the sale and is being retained by the current owner. THIS FARMLAND SALE IS SUBJECT TO SEVERANCE. Parcel will be 95 acres more or less of which approx 65 acres are farmable. Offers/bids to be submitted by 10am on Wednesday October 14. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$66K

Annual cash flow

$-9K

Cash-on-cash

-2.14%

DSCR

0.88

Going-in cap

4.90%

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

119,617

Households

42,638

Median income

$121,500

Median age

33.5

Daytime population

146,866

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 3610 WEST CORNER DRIVE, North Middlesex.

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.