Business For Sale · Land

7 NORTH DIAGONAL ROAD, South Bruce Peninsula

7 NORTH DIAGONAL ROAD, South Bruce Peninsula, ON N0H2T0

$1.8M total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

90%

Lot Size

103.04 ac

About this property

Court-ordered sale by Receiver. 103 +/- acre land parcel with approx. 1,100 ft frontage on the southwest side of North Diagonal Road, approx. 40 m west of Highway 6 between Hepworth and Warton (Town of South Bruce Peninsula, Bruce County).Zoned RU2 and M2; operated historically as a stone quarry and most recently as a wood-processing and mulch-manufacturing yard (2016-2025). Improvements include an approx. 5,005 sq ft Quonset shop/storage building (2006) with concrete floor and propane forced-air heat, a 538 sq ft cabin (2025), two barns totaling approx. 2,200 sq ft, and a coverall structure. Three wells on site; hydro connected. Shallow limestone bedrock; settling ponds from former quarry use; forested west portion with gravel access road. Phase I and Phase II Environmental Site Assessments (2026) and property information available in the Seller's data room upon execution of the Seller's NDA. The property is offered for sale on an 'as is, where is' basis by Grant Thornton Limited, solely in its capacity as Court-appointed Receiver of Hayes Timber Inc. and Hayes Timber Mill Ltd. Any sale is subject to approval of the Ontario Superior Court of Justice, with title transferred by Approval and Vesting Order. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.80M
Down payment30% · $540K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$66K

Annual cash flow

$-34K

Cash-on-cash

-6.32%

DSCR

0.66

Going-in cap

3.65%

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

83,164

Households

30,986

Median income

$103,500

Median age

45.6

Daytime population

71,328

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 7 NORTH DIAGONAL ROAD, South Bruce Peninsula.

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.