Business For Sale · Land

151796 SOUTHGATE SDRD 15 N, Southgate

151796 SOUTHGATE SDRD 15 N, Southgate, ON N0C1B0

$1.2M total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

90%

Lot Size

146 ac

About this property

Discover the potential of this 146-acre property offering a unique blend of agricultural, recreational, and investment possibilities. Currently featuring approximately 25 workable acres, there is potential to reclaim and expand the tillable acreage, making it an excellent opportunity for farmers, investors, or those looking to develop a country retreat.The property boasts an abundance of wetlands, natural waterways, and scenic river frontage, creating exceptional habitat for wildlife and endless opportunities for hunting, nature enthusiasts, and outdoor recreation. Also included is a 2-bedroom home that needs renovation and a small Bunkie. The property is serviced by an existing well and septic system, providing a foundation for future redevelopment or the construction of your dream rural home (subject to applicable approvals).Buyers and Buyers agents to conduct own due diligence in terms of future potential use. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$57K

Annual cash flow

$-9K

Cash-on-cash

-2.61%

DSCR

0.86

Going-in cap

4.76%

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

142,999

Households

52,628

Median income

$128,000

Median age

37.4

Daytime population

169,062

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 151796 SOUTHGATE SDRD 15 N, Southgate.

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.