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Investment signal

$79,000

287 HIGGINSON STREET

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

About this home

MULTI-UNIT POTENTIAL*** Calling all builders and investors! This centrally located building lot is a rare opportunity to develop a high-demand property in a desirable area. With zoning that allows for duplex, triplex, or fourplex construction, this lot is perfect for maximizing your investment potential. Situated in a prime, central location, this lot offers easy access to sportsplex, park, shopping, schools, and other key amenities, making it highly attractive for future tenants. The property includes a shared entry driveway, which provides an efficient and space-saving solution for access. Don't miss your chance to bring your vision to life on this prime building lot. (id:65958)

Subtype
Vacant Land
Community
612 - Hawkesbury
Lot dimensions
13.94 x 122.56 FT
On market
Jan 9, 2026
Status changed
Apr 24, 2026
Annual tax
$891 (2025)
Zoning
R4
Photos
3
MLS#
X12680492
Area
HAWKESBURY

Features and systems

Utilities

SewerElectricityCable
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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