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New buildInvestment signal

$519,900

437 Poplar Drive

Beds

3

Baths

2

Sqft

Year

2026

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.

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About this home

Functional and extremely affordable. This Bergman designed half duplex features 3 bedrooms, 2 bathrooms with double garage. 12'x10' patio off the dinning room with gas bbq hookup and gas fireplace. Hard surface counters through ourt. Kitchen features an eating bar. Undeveloped basement can be a 1 bdrm inlaw suite. Ready for occupancy. See Ironstone Ridge for more information. Ready in early summer so plenty of time to pick colors etc. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Logan Lake
Common interest
Freehold
Living area
1,470 square feet
Parking
2 total
Stories
1
Fireplace
1
On market
Feb 2, 2026
Status changed
Apr 13, 2026
Annual tax
$2,500
Photos
15
MLS#
10374635
Area
LOGAN_LAKE

Features and systems

Parking

Attached Garage

Heating

Forced air
Negative cash flow ~$1,050/mo at these assumptions

Cash on cash

-12.12%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,705

Financing

Down payment$103,980
Loan amount$415,920
Mortgage$2,552/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238
Insurance$80
Maintenance$433
CapEx reserve$217
Vacancy loss$130

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

Mortgage estimate

Estimated $2,552/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 13, 2026.

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