1/332577 ADJALA-TECUMSETH TOWNLINE, New Tecumseth
2577 ADJALA-TECUMSETH TOWNLINE, New Tecumseth, ON L0G1W0
$5.0M total
—
Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
85%
Lot Size
93.5 ac
About this property
Beautiful corner farm available in New Tecumseth, offering 100% workable land in a highly sought-after area of investor and developer owned land. One parcel away from Tribute development and overlooking Colgan and Tottenham, this property presents an excellent opportunity for investors, builders, developers or relocating farmers. With great road frontage and development potential, this well-positioned parcel is a rare offering in a rapidly growing area. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$23K
Projected NOI
$187K
Annual cash flow
$-88K
Cash-on-cash
-5.89%
DSCR
0.68
Going-in cap
3.77%
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
87,233
Households
32,433
Median income
$115,000
Median age
32.3
Daytime population
130,172
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2577 ADJALA-TECUMSETH TOWNLINE, New Tecumseth.
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.