$94,900

1459 Edward STREET

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About this home

Excellent investment opportunity. 50' x 125' lot in Washington Park. Cleared and ready for a new build. Being sold in conjunction with 1455 Edward Street (SK033225). Two separate 25' x 125' lots being sold as a combined package. Excellent location close to Pasqua Hospital, Lewvan Drive, Cooperators Centre, Mosaic Stadium and REAL District. (id:65958)

Subtype: Vacant Land
Lot size: 3,115 square feet
MLS#: SK033223
Area: REGINA

Positive cash flow ~$1,572/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

99.40%

Cap rate

25.77%

GRM

3.3

Break-even rent

$745

Financing

Down payment$18,980

Loan amount$75,920

Mortgage$466/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$43

Insurance$80

Maintenance$79

CapEx reserve$40

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: 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 $466/mo at 5.49% with 20% down, 25-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 18, 2026.

About this home

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Mortgage estimate