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Investment signal

$199,000

2221 Heitman Street Lot# 6

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Year

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Type

Vacant Land

Suite

Investment signal

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Location nearby

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

About this home

Looking for the perfect place to build or invest? This fully serviced vacant lot is ready for your plans, with water, gas, & sewer connections available—making the building process that much easier. Bring your own builder and design the home you’ve always wanted, tailored to your lifestyle. This property also offers excellent potential for builders and investors, with the possibility for duplex or townhouse developments, making it a versatile opportunity in a growing community. Set in a beautiful location near the Shuswap River, you’ll appreciate the natural surroundings while still being just a short drive to local amenities. Whether you’re looking to create your dream home or explore development opportunities, this lot offers flexibility, & value—all at an attractive price of $199,000.00. Don’t miss your chance to secure a great piece of land in wonderful Enderby! (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Enderby / Grindrod
Common interest: Freehold
Lot size: 0.11 acres
Lot dimensions: 0.11
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $0
Photos: 28
MLS#: 10382988
Area: ENDERBY

Features and systems

View

Mountain viewValley viewView (panoramic)

Waterfront

Waterfront on creek

Utilities

WaterSewerNatural GasElectricityCableTelephone

Positive cash flow ~$1,053/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

31.76%

Cap rate

11.22%

GRM

6.9

Break-even rent

$1,291

Financing

Down payment$39,800

Loan amount$159,200

Mortgage$807/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$91

Insurance$80

Maintenance$166

CapEx reserve$83

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 $807/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 20, 2026.