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Investment signal

$194,900

10319 Churchill Drive

Save this home

Beds

2

Baths

1

Sqft

Year

1945

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Lakeview! in Lac La Biche. 948sq/ft, 2bedroom 1 bathroom home located along the lakefront on Churchill drive. This great little starter home or revenue property has new windows, tin roof, laminate flooring and is nestled on a 5580 sq/ft lot. There is an alley out back of the property which accesses the yard and fire pit and also additional parking. Walking path along the lake, amenities of town, and a boat launch nearby. This nice property is in great condition and will be affordable. (id:65958)

Subtype
Single Family
Structure
House
Community
Lac La Biche
Common interest
Freehold
Living area
948 square feet
Lot size
5,580 square feet
Lot dimensions
5580.00
Bedrooms
2 above grade, 0 below grade
Parking
4 total
Stories
1.5
On market
Jan 19, 2026
Status changed
Apr 30, 2026
Annual tax
$1,297.96 (2025)
Zoning
Agricultural
Photos
15
MLS#
A2280139
Area
LAC_LA_BICHE

Features and systems

Parking

Parking PadOther

Basement

None

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Forced airNatural gas

Cooling

None

Construction

Wood frame

Flooring

Laminate

Foundation

Block
Positive cash flow ~$602/mo at these assumptions

Cash on cash

18.53%

Cap rate

8.57%

GRM

8.5

Break-even rent

$1,266

Financing

Down payment$38,980
Loan amount$155,920
Mortgage$790/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$89
Insurance$80
Maintenance$162
CapEx reserve$81
Vacancy loss$95

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.

Location nearby

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

Mortgage estimate

Estimated $790/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 30, 2026.

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