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Investment signal

$190,000

928 Buchanan Road

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Beds

Baths

Sqft

—

Year

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Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Welcome to a fully renovated, turn-key home on a beautiful, large 2-acre lot. Ready to move right in, or would make a great investment property! This home has undergone extensive updates. Renovations include some structural improvements, a new kitchen, large decks, siding, roof, fully rewired, new plumbing, insulated, drywalled, painted, flooring, a heat pump, vinyl windows and doors, a new water heater, large outbuilding. The one-of-a-kind backyard offers exceptional privacy, while the spacious outdoor living area is complemented by the 18' x 15' outbuilding. This property is ideally located for those who love the outdoors, with close proximity to the world-class Mill River golf course, local beaches, and the charming town of O'Leary. (id:65958)

Subtype: Single Family
Structure: House
Community: Mount Royal
Common interest: Freehold
Lot size: 2 acres
Lot dimensions: 2
Bedrooms: 1 above grade, 0 below grade
Stories: 1.5
On market: Aug 29, 2025
Status changed: Apr 13, 2026
Annual tax: $840 (1990)
Photos: 46
MLS#: 202521909
Area: MOUNT_ROYAL

Features and systems

Parking

Parking Space(s)Gravel

Basement

Full

Appliances

WasherBarbequeRange - ElectricDishwasherDryer

Heating

Radiant heatElectricWall Mounted Heat Pump

Exterior

Vinyl

Flooring

TileLaminate

Foundation

Poured Concrete

Community

School Bus

Positive cash flow ~$155/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

4.90%

Cap rate

5.84%

GRM

11.3

Break-even rent

$1,237

Financing

Down payment$38,000

Loan amount$152,000

Mortgage$770/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$87

Insurance$80

Maintenance$158

CapEx reserve$79

Vacancy loss$70

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 $770/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 13, 2026.