Business For Sale · Land

6895 SECOND LINE, Centre Wellington

6895 SECOND LINE, Centre Wellington, ON N1M2W4

$1.9M 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

83%

Lot Size

90 ac

About this property

Escape to your sanctuary on this sprawling 90 acre parcel, just 7 minutes north of Fergus on a paved road. Zoned Agricultural, it features approximately 64 acres of workable land and +/- 26 acres of enchanting mixed hardwood and softwood bush. Build your dream estate with approved driveway and choice of potential building envelopes, nestled amidst nature's beauty. Discover the two spring-fed ponds, explore nature trails, and relish endless country views. Do you have a desire for farming, building a dream home or embracing a simpler way of life, let this epic opportunity redefine your real estate dreams. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.95M
Down payment30% · $585K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$90K

Annual cash flow

$-18K

Cash-on-cash

-3.13%

DSCR

0.83

Going-in cap

4.60%

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

70,439

Households

25,225

Median income

$68,500

Median age

42.9

Daytime population

116,669

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 6895 SECOND LINE, Centre Wellington.

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.