Investment signal

$79,000

2 Government Avenue N

Save this home

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

About this home

Bright & sunny building lot in Greenwood BC. This parcel is flat and ready to build on with power and water at the lot line. Zoning allows RV on site while building and a footprint between 645 sq ft and 1875 sq ft which can be 1 or 2 stories. This parcel is short walk to the school/amenities/services and has beautiful mountain views and lane access. An ideal location for your new home or an investment property. Call your Realtor today! (id:65958)

Subtype
Vacant Land
Structure
Other
Community
Greenwood
Common interest
Freehold
Lot size
0.12 acres
Lot dimensions
0.12
On market
Nov 13, 2024
Status changed
Apr 24, 2026
Annual tax
$240
Photos
1
MLS#
10328256
Area
GREENWOOD

Features and systems

Utilities

Cable
Positive cash flow ~$1,745/mo at these assumptions

Cash on cash

132.52%

Cap rate

31.37%

GRM

2.7

Break-even rent

$563

Financing

Down payment$15,800
Loan amount$63,200
Mortgage$320/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$36
Insurance$80
Maintenance$66
CapEx reserve$33
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 $320/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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