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Investment signal

$70,000

57 Fraser Ave - Lot 1

Beds

Baths

Sqft

Year

Location

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About this home

Build your dream home or next investment project on this premium oversized lot in the quiet community of Onaping! This deep property offers the perfect canvas for a single family, duplex, or semi-detached dwelling. Enjoy the peace of small-town living just a 35-minute commute to Sudbury. Development is made easy with municipal water and sewer available at the road. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot dimensions
59 X Irr
On market
Mar 11, 2026
Status changed
Apr 14, 2026
Zoning
R2-2
Photos
3
MLS#
2126736
Area
ONAPING

Features and systems

Parking

Gravel
Positive cash flow ~$1,737/mo at these assumptions

Cash on cash

148.87%

Cap rate

35.66%

GRM

2.4

Break-even rent

$572

Financing

Down payment$14,000
Loan amount$56,000
Mortgage$344/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$32
Insurance$80
Maintenance$58
CapEx reserve$29
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 Onaping. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $344/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 14, 2026.

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