17 OAKLEY DRIVE, Niagara-on-the-Lake (Virgil)
17 OAKLEY DRIVE, Niagara-on-the-Lake (Virgil), ON L0S1J0
$489,900 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
94%
About this property
Prime residential building lot located in the highly sought-after community of Virgil in Niagara-on-the-Lake. An exceptional opportunity to build a custom home in one of Niagara's most desirable neighbourhoods, surrounded by quality homes and just minutes from wineries, golf courses, Old Town Niagara-on-the-Lake, shopping, schools, parks and everyday amenities. The Seller may consider constructing a custom home for a qualified Buyer, with the cost of construction to be negotiated separately from the purchase price of the lot. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$22K
Annual cash flow
$-5K
Cash-on-cash
-3.42%
DSCR
0.81
Going-in cap
4.51%
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
54,308
Households
21,519
Median income
$82,500
Median age
40.7
Daytime population
88,957
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 17 OAKLEY DRIVE, Niagara-on-the-Lake (Virgil).
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.