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$16,000,000
Available - For Sale
Listing ID: X8051634
BIG BOX RETAIL AND HIGH DENSITY RESIDENTIAL DEVELOPMENT SITE. TRUNKLINE WATER AND SEWERS EXTENDED ACROSS REAR AND SIDES OF PROPERTY. 120 RESIDENTIAL CONDO'S AND PROPOSED FRESHCO GROCERY STORE, AND NEW CATHOLIC HIGH SCHOOL TO BE BUILT ACROSS THE STREET WITH NEW SIGNALIZED TRAFFIC LIGHTS. PROPOSED ZONING IN OFFICIAL PLAN ' EAST CITY COMMERCIAL ' WHICH INCLUDES HIGH DENSITY RESIDENTIAL AND BIG BOX RETAIL DEVELOPMENT. CURRENTLY ZONED 8 ACRES C2-1 COMMERCIAL AND 25 ACRES M2-1 INDUSTRIAL = 33 ACRES. OVER 800 FEET FRONTAGE ON 16TH STREET ( HWY 26 ) AND 800 FEET FRONTAGE ON AN UNOPENED ROAD IN INDUSTRIAL PARK. ACROSS THE STREET FROM WALMART, HOME DEPOT, WINNERS, HOMESENSE, PRINCESS AUTO, BURGER KING, ETC. NUMEROUS NEW RESIDENTIAL SUBDIVISIONS BEING BUILT IN THIS AREA, DETAILED PROPERTY INFORMATION LOCATED IN THE ATTACHMENTS.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $800,000 $1,600,000 $2,400,000 $3,200,000
First Mortgage $15,200,000 $14,400,000 $13,600,000 $12,800,000
CMHC/GE $418,000 $288,000 $238,000 $0
Total Financing $15,618,000 $14,688,000 $13,838,000 $12,800,000
Monthly P&I $66,890.68 $62,907.57 $59,267.08 $54,821.41
Expenses $0 $0 $0 $0
Total Payment $66,890.68 $62,907.57 $59,267.08 $54,821.41
Income Required $2,508,400.62 $2,359,033.7 $2,222,515.54 $2,055,802.79

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ATRIA REALTY INC.

L9-10 16TH St East , Owen Sound, N4K 5N3, Ontario


 
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At a Glance:
Type: Com - Land
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style:
Lot Size: 33.00 x 33.00(Acres)
Approximate Age:
Tax: $553.95
Maintenance Fee: $0
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Garage: 0
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