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Investment signal

$609,000

125 Lady Slipper Drive N

Beds

—

Baths

—

Sqft

—

Year

1996

Location

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About this home

Attention Investors Here is your opportunity to purchase a Fully Rented and profitable 4 Unit Apartment building in Miscouche. Each Unit is an open concept 2 bedroom 1 bathroom with large bright windows a personal deck space accessible through a patio door and in-unit laundry. The building has been well maintained over the years and is in great condition with excellent tenants and nothing to be done. The roof was replaced 2 years ago. Each unit has its own heat pump. In the front you will find a paved parking lot with ample parking for all. The .66 Acre lot offers room for expansion if desired as well. All viewings require 24 hour notice to tenants . (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Miscouche
Common interest: Freehold
Lot size: 0.66 acres
Lot dimensions: 0.66
On market: Feb 3, 2026
Status changed: Apr 13, 2026
Annual tax: $5,681 (2025)
Zoning: Multi-Family
Photos: 48
MLS#: 202601966
Area: MISCOUCHE

Features and systems

Parking

Parking Space(s)

Basement

None

Appliances

WasherDryer - ElectricRefrigeratorRange - ElectricDishwasherWasher/Dryer Combo

Heating

In Floor HeatingOilElectricHot WaterWall Mounted Heat PumpFurnace

Cooling

Air exchangerAir Conditioned

Exterior

Vinyl

Flooring

LaminateCarpetedCeramic Tile

Foundation

Concrete Slab

Lot

Balcony

Community

School Bus

Negative cash flow ~$691/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

-6.81%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,778

Financing

Down payment$121,800

Loan amount$487,200

Mortgage$2,469/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$279

Insurance$80

Maintenance$508

CapEx reserve$254

Vacancy loss$153

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,469/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 13, 2026.