$84,900
00 CASEY STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Madawaska Valley. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Discover the possibilities with this premium, level building lot located in a quiet, family-friendly neighbourhood in the heart of the Madawaska Valley. Offering valuable zoning flexibility that allows construction of up to a triplex, this property presents an exceptional opportunity for multi-generational living, generating rental income, living in one unit while renting the others, or building long-term investment value. With paved road access, municipal water and sewer services available, and garbage pickup, this lot is well-positioned for convenient and efficient development within an established community.Life in the Madawaska Valley offers an incredible balance of lifestyle and opportunity. Surrounded by pristine lakes, rivers, and endless trails, residents enjoy year-round recreation including boating, fishing, hiking, snowmobiling, and ATVing. Just minutes away, Kamaniskeg Lake provides over 90 km of boating along with access to a public beach, boat launch, and nearby tennis courts. The property is also within walking distance to local amenities including schools, places of worship, shops, and St. Francis Memorial Hospital, making everyday living both comfortable and convenient. Known for its welcoming community and natural beauty, the Madawaska Valley continues to attract families, retirees, and investors alike. As housing demand continues to grow, buildable lots that allow multi-unit development are becoming increasingly valuable. Whether you're a builder, investor, or planning your future home, this property offers the perfect combination of lifestyle, location, and long-term potential. (id:65958)
- Subtype
- Vacant Land
- Community
- 570 - Madawaska Valley
- Lot dimensions
- 58.91 x 121.08 FT
- On market
- Mar 7, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $120
- Zoning
- R1
- Photos
- 17
- MLS#
- X12858178
- Area
- MADAWASKA_VALLEY
Features and systems
Lot
Utilities
Cash on cash
120.91%
Cap rate
29.05%
GRM
2.9
Break-even rent
$599
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.