1 / 51

Investment signal

$599,900

2728/2726 HWY 7 Lake Echo

Save this home

Beds

—

Baths

—

Sqft

—

Year

1972

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

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

About this home

The perfect investment is now within reach and available for a quick closing! This extensively renovated over/under two unit bungalow is the maintenance free rental property you've been searching for. Nothing was left untouched from the steel roof, siding, windows/doors, wiring, plumbing, septic tank and so much more. Upstairs features a 3 bedroom 1 bath floor plan with walkout to the fenced back yard and new deck. Downstairs you'll find a 2 bedroom 1 bath open concept floor plan that's never been lived in! Utility room accessible from exterior of the home and each unit has its own meter, hot water heater etc Efficient heating and cooling via ductless heat pumps and each unit has its own laundry. Icing on the cake? The brand new 24x24 detached garage (potential for additional income) completely finished with new ductless heat pump. Just 10 minutes to Dartmouth. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: Lake Echo
Common interest: Freehold
Lot size: 0.35 acres
Lot dimensions: 0.3489
On market: Apr 24, 2026
Status changed: Apr 25, 2026
Photos: 50
MLS#: 202608504
Area: LAKE_ECHO

Features and systems

Parking

Gravel

Appliances

WasherDryer - ElectricRefrigeratorOven - ElectricCooktop - ElectricDishwasher

Cooling

Heat Pump

Exterior

Steel

Flooring

LaminateVinyl Plank

Foundation

Concrete Perimeter

Community

School BusRecreational Facilities

Negative cash flow ~$687/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

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$119,980

Loan amount$479,920

Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$500

CapEx reserve$250

Vacancy loss$150

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 $2,432/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 25, 2026.