For Sale · Land

728534 21ST SIDE ROAD, Blue Mountains

728534 21ST SIDE ROAD, Blue Mountains, ON N0H1J0

$1.8M total

—

Asset Class

Land

Size

—

Building class

A

Zoning

AG — Agricultural

$ / SF

—

Occupancy

86%

About this property

VACANT LAND WITH APPROVED PLANS & PERMITS. A rare opportunity to create an exceptional contemporary country residence on approximately 27 acres, with much of the difficult planning and approval work already completed. Located on 21st Sideroad, the property slopes from north to south toward the valley below. The proposed homesite is positioned well back from the road and down the slope, offering privacy and expansive views across the countryside to the ridges beyond. The property is outside the Niagara Escarpment Commission (NEC) Development Control Area and is regulated by the Nottawasaga Valley Conservation Authority (NVCA), with the required development permit secured for the proposed residence.Approved plans envision a striking contemporary home with dark cladding, standing-seam metal roofs and connected gabled forms. The design includes a private courtyard with pool, terraces, covered outdoor living/kitchen area and detached garage. The interior layout and finishes can still be altered and personalized by the purchaser. Also included is a newly constructed 42' x 20' Quonset structure with full 4' deep foundation and footings, 10' x 10' overhead door and separate side entrance, ideal for storage or workshop use. Exceptional four-season location close to Georgian Bay, The Georgian Bay Club, Alpine and Craigleith ski clubs, Blue Mountain, Thornbury and Collingwood. Renderings are for illustrative purposes only. Purchase price includes the vacant land, Quonset structure, approved permits and architectural plans/design files only. Construction of the proposed residence is not included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.79M
Down payment30% · $537K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$91K

Annual cash flow

$-8K

Cash-on-cash

-1.56%

DSCR

0.92

Going-in cap

5.07%

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

103,217

Households

41,988

Median income

$81,500

Median age

45.4

Daytime population

98,008

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 728534 21ST SIDE ROAD, Blue Mountains.

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.