For Sale · Land

VL TECUMSEH RD PART 1, Stoney Point

VL TECUMSEH RD PART 1, Stoney Point, ON N0R1N0

$381,425 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

83%

About this property

4.997 acre parcel dimensions approximately 200.78 x 1071.94 zoned A, many possibilities to build a home, and or a barn, small hobby farm, livestock etc. Located on a paved road in Lakeshore between Stoney Point and Belle River. Contact the Municipality at 519-728-2700 for your personal use inquires. Excellent opportunity with possible ADU ( additional dwelling unit) LEGISLATION . CONTACT agents and Lakeshore for further information. Refer to documents for zoning and mapping and sizes. Septic required. ( 2 nd acreage lot to the West of address 4625 Tecumseh ) TAKE ADVANTAGE OF THE HST REBATE ON NEW BUILDS BOOKED BY MARCH 31 2027 AND SAVE UP TO $130,000. WE HAVE BUILDERS OR YOU CAN USE YOUR OWN! CONTACT US TODAY FOR MORE INFORMATION OR A BUILDERS QUOTE. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$381K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$15K

Annual cash flow

$-6K

Cash-on-cash

-5.27%

DSCR

0.71

Going-in cap

3.96%

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

74,821

Households

31,654

Median income

$118,500

Median age

35.6

Daytime population

72,737

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for VL TECUMSEH RD PART 1, Stoney Point.

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.