For Sale · Land

69 CLEAR LAKE ROAD N, Kapuskasing

69 CLEAR LAKE ROAD N, Kapuskasing, ON P5N2X7

$79,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

99%

About this property

Vacant land along the West side of Clear Lake Road North in the Municipality of Kapuskasing. Approximately 9.8 acres that is zoned M2 light industrial. The East section of the property is cleared and the West section has standing timber. Entrance to the property is located on the East side of the property. Hydro is located on the East side of Clear Lake Road. Natural gas and telephone lines are located on the West side of Clear Lake Road. Close to Highway 11 and on direction towards OPG dams that are North of the Town. This is a great property that is awaiting its new owner. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$79K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$365

Projected NOI

$4K

Annual cash flow

$-775

Cash-on-cash

-3.27%

DSCR

0.82

Going-in cap

4.56%

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

72,159

Households

34,270

Median income

$135,000

Median age

38.1

Daytime population

73,223

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 69 CLEAR LAKE ROAD N, Kapuskasing.

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.