For Sale · Land

Highway 246, Tatamagouche

Highway 246, Tatamagouche, NS B0K1V0

$89,900 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

85%

Lot Size

45 ac

About this property

45 Acres of Country Living Minutes from Tatamagouche Highway 246, just outside Tatamagouche, near the River Road intersection. A rare 45-acre agricultural parcel with the hard part already done: driveway in, power at the road, and a mix of hardwood and softwood that gives you both timber potential and a beautiful setting for a future home. Youre three minutes from town and still fully in the country. Build your next home here and keep the peace, space, and privacy of rural Nova Scotia without giving up everyday convenience. The land Approximately 45 acres, zoned agricultural Combination of hardwood and softwood Driveway already installed Power available at the road Excellent large parcel for a future home, hobby farm, or private retreat The lifestyle Tatamagouche is more than a townits a lifestyle. Walkable Main Street with shops, the Saturday farmers market at Creamery Square, Tatamagouche Brewing Co., Appleton Chocolates, and the Butter Trail right through the village. Warm-water Northumberland beaches, nearby golf, Jost Vineyards and local cideries are all an easy drive. Ski Wentworth and the Wentworth Bike Park are about 20 minutes away for four-season outdoor living. Close enough to town for groceries, school, and community. Far enough out for quiet evenings, starry skies, and room to grow. This is the kind of parcel that doesnt come up often: usable acreage, services started, and a location that balances country living with real amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$90K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$415

Projected NOI

$3K

Annual cash flow

$-2K

Cash-on-cash

-6.70%

DSCR

0.64

Going-in cap

3.53%

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

50,458

Households

19,900

Median income

$131,000

Median age

33.9

Daytime population

49,651

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for Highway 246, Tatamagouche.

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.