For Sale · Land

PT LT 2 CON 3 CALVERT BEING PTS 1, 2 & 3 DRIVE, Iroquois Falls

PT LT 2 CON 3 CALVERT BEING PTS 1, 2 & 3 DRIVE, Iroquois Falls, ON P0K1E0

$299,999 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

82%

Lot Size

4.125 ac

About this property

Opportunity awaits with this 4.125 acre vacant property ideally located along the main route coming into Iroquois Falls. Zoned C2, this property offers exciting potential for a variety of commercial or development possibilities. With its convenient location, great visibility and generous lot size, there is plenty of room to bring your vision to life. Whether you're looking for a future business location, investment opportunity or land to develop, this property is full of possibilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-5K

Cash-on-cash

-5.69%

DSCR

0.69

Going-in cap

3.83%

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

105,434

Households

45,864

Median income

$65,000

Median age

39.3

Daytime population

114,755

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for PT LT 2 CON 3 CALVERT BEING PTS 1, 2 & 3 DRIVE, Iroquois Falls.

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.