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For Sale · Land

515490 2ND LINE, Amaranth

515490 2ND LINE, Amaranth, ON L9V1L6

$1.5M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

About this property

Nestled on 34 PICTURESQUE ACRES just minutes from Shelburne, this beautiful EAST FACING BUNGALOW offers the perfect blend of comfort, functionality, and peaceful country living. Featuring 3+1 BEDROOMS and 4 WASHROOMS, it's ideal for a self-sustaining lifestyle, hobby farming, or simply enjoying the serenity of nature. A grand double-door entrance welcomes you into a thoughtfully designed home with separate living and dining rooms , a spacious sunroom, and a renovated kitchen with quartz countertops. The bright, carpet-free layout is enhanced by pot lights and two fireplaces, creating a warm and inviting space for family living. The finished WALK-OUT BASEMENT, filled with natural light from large windows, offers a spacious recreation area making it ideal for extended family or guests. Outside, enjoy peaceful countryside views from the deck, complemented by a durable STEEL ROOF and exterior pot lighting. Designed for homesteading, the property also features multiple sheds, coops, and a two-story workshop, providing endless opportunities for farming, livestock, storage, or handyman projects. A rare opportunity to embrace tranquil country living, where modern comfort meets the charm of a true countryside retreat. (Some pictures including landscaping pictures are enhanced with AI) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.46M
Down payment30% · $437K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$63K

Annual cash flow

$-18K

Cash-on-cash

-4.16%

DSCR

0.78

Going-in cap

4.29%

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

113,615

Households

46,035

Median income

$78,000

Median age

38.4

Daytime population

140,848

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 515490 2ND LINE, Amaranth.

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.