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Investment signal

$278,000

1029 King Crescent

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Beds

Baths

Sqft

—

Year

1970

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Welcome to one of the most affordable entry points into home ownership in Golden! Located in a manufactured home subdivision where you own the land, this property offers a rare chance to get into the market without the ongoing costs—no pad rent, no strata fees—just you and your home on your own lot. This 1970 manufactured home is being offered as-is and is ready for someone with vision and a willingness to roll up their sleeves. Whether you call it a handyman special or a full fixer-upper, there’s no denying the potential here. With some work and creativity, this could be transformed into a solid home or investment property.Set on its own parcel, the value here extends beyond the structure—land ownership in a non-strata setting is increasingly hard to come by at this price point. If you’ve been waiting for an opportunity to break into the market, take on a project, or secure land in a great location, this might just be the one. Reach out today to explore the possibilities (id:65958)

Subtype: Single Family
Structure: Manufactured Home
Community: Golden
Common interest: Freehold
Living area: 828 square feet
Lot size: 0.13 acres
Lot dimensions: 0.13
Stories: 1
On market: Apr 15, 2026
Status changed: Apr 18, 2026
Annual tax: $1,715.13
Photos: 30
MLS#: 10383542
Area: GOLDEN

Features and systems

Parking

Street

Heating

Forced airSee remarks

Roof

MetalUnknown

Community

Pets AllowedRentals Allowed

Positive cash flow ~$598/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

12.91%

Cap rate

7.45%

GRM

9.7

Break-even rent

$1,770

Financing

Down payment$55,600

Loan amount$222,400

Mortgage$1,127/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$127

Insurance$80

Maintenance$232

CapEx reserve$116

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 $1,127/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 18, 2026.