1/12LT 26&27 THIRD CONCESSION LINE, Chatham-Kent (Romney)
LT 26&27 THIRD CONCESSION LINE, Chatham-Kent (Romney), ON N0P2P0
$7.2M total
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Lot Size
410 ac
About this property
410 acres of Ontario farmland with +/- 400 acres workable and excellent access from two road frontages. Fertile Brookston clay soils, fully tiled, deliver reliable yields year after year. Two well-sized storage sheds (90' 30' and 52' 34') provide flexible space, including one with a concrete floor. Also included are two 10,000-bushel grain bins equipped with aerated floors. With natural gas and Phase III hydro available nearby, the farm is well positioned for modern operations, providing valuable infrastructure options for future expansion or on farm projects. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$33K
Projected NOI
$301K
Annual cash flow
$-98K
Cash-on-cash
-4.55%
DSCR
0.75
Going-in cap
4.18%
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
82,619
Households
31,945
Median income
$86,500
Median age
44.2
Daytime population
129,543
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LT 26&27 THIRD CONCESSION LINE, Chatham-Kent (Romney).
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.