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Investment signal

$38,900

18 Stagg's Lane

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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 Bonavista. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Build your dream home on this beautiful piece of property in the Historic Town of Bonavista. With breathtaking views overlooking the ocean and the historic town below, this is the perfect location to experience nature and spectacular sunsets —right from your future front porch. Whether you’re envisioning a private coastal retreat or considering an investment property, the opportunities here are endless. If privacy and natural beauty are at the top of your list, this property delivers. Don’t wait—come take a look today and imagine the possibilities. (id:65958)

Subtype
Vacant Land
Lot dimensions
.676 Hectares
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$300 (2024)
Zoning
mixed
Photos
7
MLS#
1296579
Area
BONAVISTA

Features and systems

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Positive cash flow ~$1,976/mo at these assumptions

Cash on cash

304.76%

Cap rate

65.82%

GRM

1.4

Break-even rent

$320

Financing

Down payment$7,780
Loan amount$31,120
Mortgage$158/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$18
Insurance$80
Maintenance$32
CapEx reserve$16
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 $158/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 27, 2026.

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