For Sale · Land

CON2PTLOT14PT3 PADEN ROAD, Ottawa

CON2PTLOT14PT3 PADEN ROAD, Ottawa, ON K0A2T0

$250,000 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

92%

About this property

With over FOUR ACRES (4.51 ac) of treed land you have a wonderful opportunity to create your own tranquil setting in one of Ottawa's rural communities in between the Village of North Gower and the Town of Kemptville. This property allows one to enjoy the best of rural living while not being far from restaurants; schools; libraries; golf courses; shopping; Marlborough Community Center; soccer fields; baseball fields;+++! Access for hydro hookup is conveniently situated in front of this lot. If you require high speed internet, neighbours report they are successfully using Starlink. Highway 416 is conveniently nearby, providing easy access for commuting into Ottawa and surrounding communities. (id:66811)

Financial sandbox

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Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-1K

Cash-on-cash

-1.92%

DSCR

0.90

Going-in cap

4.96%

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

77,306

Households

29,772

Median income

$70,000

Median age

41.8

Daytime population

98,224

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for CON2PTLOT14PT3 PADEN ROAD, Ottawa.

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.