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Investment signal

$699,900

2035 Melville Dr

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Beds

Baths

Sqft

—

Year

1968

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 Sidney. 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 your new home in Sidney by the sea! This well-maintained 3-bedroom half duplex is an incredible and affordable opportunity to own your own home in a desirable location in a quiet residential neighbourhood. Highlights include a large flat driveway with lots of parking, a covered carport, a private fenced backyard, and a huge wrap-around deck. A great family layout with main level living, 3 bedrooms upstairs and a rare full-height basement with additional storage too. Within walking distance to most amenities and all levels of school. No strata fees! (id:65958)

Subtype: Single Family
Structure: Duplex
Community: Sidney North-East
Common interest: Condo/Strata
Living area: 1,013 square feet
Lot size: 3,700 square feet
Lot dimensions: 3700
Parking: 4 total
Condo/HOA fee: $0 monthly
On market: Mar 26, 2026
Status changed: Apr 16, 2026
Annual tax: $3,513.01
Zoning: Residential
Photos: 25
MLS#: 1030056
Area: SIDNEY

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Baseboard heatersElectric

Cooling

None

Lot

Irregular lot size

Community

Family OrientedPets Allowed

Negative cash flow ~$788/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

-6.75%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,329

Financing

Down payment$139,980

Loan amount$559,920

Mortgage$2,837/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321

Insurance$80

Maintenance$583

CapEx reserve$292

Vacancy loss$175

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 $2,837/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 16, 2026.