$169,900

3345 Falconbridge Highway

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About this home

Prime building lot in the heart of Garson. 50 x 120 building lot. R2-2 zoning ideal for multi family. On bus route. Seller indicates services at lot line, buyer to verify. (id:65958)

Subtype: Vacant Land
MLS#: 2125259
Area: GARSON

Positive cash flow ~$1,076/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

38.00%

Cap rate

13.49%

GRM

5.9

Break-even rent

$1,267

Financing

Down payment$33,980

Loan amount$135,920

Mortgage$834/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78

Insurance$80

Maintenance$142

CapEx reserve$71

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 $834/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 19, 2026.

About this home

Investor view — deal analyzer

Mortgage estimate