Investment signal

$1,000,000

00 COUNTY 31 ROAD

Save this home

Beds

—

Baths

—

Sqft

—

Year

—

Type

Vacant Land

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for South Dundas. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Don't wait to buy land - buy land and wait! An incredible investment opportunity awaits. This prime parcel is zoned for a Retirement Home or potential subdivision, offering excellent future development potential. Conveniently located just 50 minutes from Ottawa and only 10 minutes from Highway 401 and the charming town of Morrisburg, this property combines accessibility with growth prospects. The lot features gas and sewer services already available, along with two road frontages, adding flexibility and value for future plans. Situated next to an already operating retirement home, the location further strengthens its suitability for senior living development or residential expansion. Opportunities like this don't come often - don't miss out! (id:65958)

Subtype: Vacant Land
Community: 701 - Morrisburg
Lot dimensions: . ; Irregular 9.410 Acres.
On market: Apr 10, 2026
Status changed: Apr 28, 2026
Annual tax: $874
Zoning: 0.00
Photos: 1
MLS#: X12980094
Area: SOUTH_DUNDAS

Features and systems

Parking

No Garage

Utilities

SewerElectricityCable

Negative cash flow ~$1,092/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.55%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,149

Financing

Down payment$200,000

Loan amount$800,000

Mortgage$4,053/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458

Insurance$80

Maintenance$833

CapEx reserve$417

Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,053/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.