Investment signal

$64,900

Lot 24-3 East Mountain Road

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Lot 24-3 East Mountain is a 2.35 acre property located very conveniently near Bible Hill amenities, Mountain Golf Course and the main Highway 2. Location certificate and subdivision documents available. Currently zoned as Rural General property, allowing for a duplex unit - consult county for current and future potential uses. Book your viewing! (id:65958)

Subtype
Vacant Land
Community
East Mountain
Common interest
Freehold
Lot size
2.35 acres
Lot dimensions
2.3504
On market
Feb 2, 2026
Status changed
Apr 17, 2026
Photos
1
MLS#
202601947
Area
EAST_MOUNTAIN

Features and systems

Parking

None

Lot

Softwood bush
Positive cash flow ~$1,771/mo at these assumptions

Cash on cash

163.69%

Cap rate

38.63%

GRM

2.3

Break-even rent

$536

Financing

Down payment$12,980
Loan amount$51,920
Mortgage$319/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$30
Insurance$80
Maintenance$54
CapEx reserve$27
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.

Lifestyle nearby

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

Mortgage estimate

Estimated $319/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 17, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.