1/45441408 CONCESSION 21 ROAD, Georgian Bluffs
441408 CONCESSION 21 ROAD, Georgian Bluffs, ON N0H2T0
$1.1M total
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Asset Class
Land
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
90%
About this property
Welcome to a beautiful well maintained farm just east of Wiarton, this farm features 94 acres with approximately 50 workable currently growing a beautiful crop of cornThe Farm features a three bedroom house with a detached three car garage as well as two separate storage sheds off the backside. The farm also features a well-maintained bank barn, suitable for a variety of livestock. The other stand out features on this farm is a large gravel yard in the middle of the farm with a laneway off the side road, as well as a nice hard maple ridge through the centre of the farm with good mature trees for tappingCurrently, the house and land are under rental contract with very lucrative rental agreements, with tenants that would wish to renew for next year. Whether it's work or play, this farm has a lot to offer! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$41K
Annual cash flow
$-21K
Cash-on-cash
-6.26%
DSCR
0.66
Going-in cap
3.66%
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
99,740
Households
46,721
Median income
$104,000
Median age
45.7
Daytime population
86,141
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 441408 CONCESSION 21 ROAD, Georgian Bluffs.
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.