Business For Sale · Land

11080 FIRST LINE NASSAGAWEYA, Milton

11080 FIRST LINE NASSAGAWEYA, Milton, ON L0P1J0

$3.0M total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

86%

Lot Size

115.6 ac

About this property

This 115+ acre property offers a rare opportunity to own productive farmland with attractive long-term potential in a desirable rural Milton location. Zoned A2, the property includes approximately 80 acres of cultivated farmland, currently leased for cash crop farming, along with 30 acres of forest. A 5.11-acre portion of the property is designated under the Conservation Land Tax Incentive Program (CLTIP). A former home and barn once stood on the property and have since been removed. A long private driveway leads into the property, offering privacy and a beautiful setting for a future rural residence, family estate, farm operation, equestrian use, trails, recreation, or other permitted rural uses. The property combines productive agricultural land with mature forest, scenic pathways, and peaceful natural surroundings. For buyers considering long-term land ownership, the property is strategically located just north of future growth areas identified within the Hamlet of Moffat and Town of Milton planning framework, adding another dimension to its future potential. Continued property tax savings may also be available through the CLTIP programs. Located on a paved road in a sought-after rural community, the property offers convenient access to Highway 401, GO Transit, Woodbine Mohawk Park Racetrack and Casino, schools, recreation facilities, churches, shopping, and other amenities. An excellent opportunity for farmers, investors, equestrian buyers, or anyone looking to create a private rural estate while securing a substantial landholding in an evolving area. Bee hives are not included. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.00M
Down payment30% · $900K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$105K

Annual cash flow

$-62K

Cash-on-cash

-6.86%

DSCR

0.63

Going-in cap

3.48%

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

92,680

Households

32,971

Median income

$90,500

Median age

44.6

Daytime population

87,919

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 11080 FIRST LINE NASSAGAWEYA, Milton.

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.