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Investment signal

$160,000

00 LOT 1 COUNTY RD 10 ROAD

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rideau Lakes. 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 perfect canvas for your dream home or country retreat on this newly severed 2.548-acre vacant building lot offering a beautiful blend of privacy, nature, and convenience. With a driveway already in place, this exceptional property provides an excellent head start for your future build. Surrounded by mature trees and rich natural beauty, this picturesque lot offers a peaceful setting where you can enjoy stunning views of local wildlife and the tranquility of rural living. Whether you're envisioning a custom home, weekend getaway, or investment opportunity, this property offers the space and setting to bring your vision to life. Ideally located within close proximity to Westport and Perth, you'll enjoy easy access to charming shops, restaurants, amenities, and recreation while still appreciating the serenity of the countryside. Explore nearby lakes, trails, and all the outdoor lifestyle this sought-after area has to offer. A rare opportunity to secure a scenic, ready-to-build parcel in a desirable location. Bring your plans and imagine the possibilities! (id:65958)

Subtype
Vacant Land
Community
816 - Rideau Lakes (North Crosby) Twp
Lot dimensions
372.53 x 287.29 FT
On market
Mar 30, 2026
Status changed
Apr 24, 2026
Annual tax
$0
Photos
7
MLS#
X12936040
Area
RIDEAU_LAKES

Features and systems

Utilities

ElectricityCable
Positive cash flow ~$1,278/mo at these assumptions

Cash on cash

47.93%

Cap rate

14.45%

GRM

5.6

Break-even rent

$1,055

Financing

Down payment$32,000
Loan amount$128,000
Mortgage$649/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$73
Insurance$80
Maintenance$133
CapEx reserve$67
Vacancy loss$120

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 $649/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 24, 2026.

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