Business For Sale · Land

967 WYMAN ROAD, Tyendinaga (Tyendinaga Township)

967 WYMAN ROAD, Tyendinaga (Tyendinaga Township), ON K0K2N0

$1.3M total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

99%

Lot Size

86.46 ac

About this property

PRIME 86-ACRE FARM PROPERTY | EXCEPTIONAL INVESTMENT & INCOME POTENTIAL | 3+2 BEDROOM HOUSE, MINUTES TO HWY 401 Location! Location! Location! An exceptional opportunity to own approximately 86 acres of versatile farmland, ideally situated adjacent to Highway 401 and Highway 2, abutting t to Shannonville Motorsport Park and close to several golf courses. Offering an outstanding combination of agricultural potential, multiple farm structures, and a beautifully renovated residence, this property presents an exciting opportunity for investors, farmers, and entrepreneurs alike. Multiple Use Farm Land With A House And Multiple Farm Structures Suitable For Beef, Dairy, Goat And Agricultural Farming. Zoning Allows For Bed And Breakfast, A Warehouse, Greenhouse And Many Other Uses. The renovated home features 3+2 bedrooms and 2 bathrooms and is currently being operated as an Airbnb, providing an additional income stream. Enjoy a light-filled kitchen with new dishwasher and new fridge, separate dining area with fireplace, spacious living room featuring floor-to-ceiling windows and another fireplace, inviting sunroom, New Eco Water System, Barbeque Grill and much more. Finished basement with two bedrooms, Washroom, great recreation room with pool table and ping pong table The property includes multiple farm structures suitable for a variety of agricultural operations, including beef, dairy, goat farming, and other agricultural uses. The property's zoning permits a range of potential uses, which may include a bed and breakfast, warehouse, greenhouse, and other uses, subject to applicable municipal requirements and approvals. With its strategic location, substantial acreage, existing farm infrastructure, and income potential from the residence and agricultural operations, this is a rare opportunity to explore multiple business and investment possibilities in one property. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.30M
Down payment30% · $390K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$70K

Annual cash flow

$-2K

Cash-on-cash

-0.61%

DSCR

0.97

Going-in cap

5.36%

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

111,223

Households

45,726

Median income

$135,000

Median age

41.2

Daytime population

172,464

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 967 WYMAN ROAD, Tyendinaga (Tyendinaga Township).

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.