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Investment signal

$94,900

#81-89 Town Circle Road

Beds

Baths

Sqft

Year

Location

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About this home

Picturesque Pouch Cove! This acreage has access to municipal services in the town circle area of this lovely quiet community. Purchasers are responsible for all permits and fees, this land can be subdivided or re-zoned to suit the Purchaser's needs. Residential housing for 5-70 foot frontage lots, 2 apartments, multi-family units, investments property, the choice is yours. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot dimensions
1 Acre or 0.377 Hectares
On market
Mar 31, 2026
Status changed
Apr 16, 2026
Annual tax
$795 (2025)
Zoning
Residential
Photos
5
MLS#
1295722
Area
POUCH_COVE
Positive cash flow ~$1,572/mo at these assumptions

Cash on cash

99.40%

Cap rate

25.77%

GRM

3.3

Break-even rent

$745

Financing

Down payment$18,980
Loan amount$75,920
Mortgage$466/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$43
Insurance$80
Maintenance$79
CapEx reserve$40
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 Pouch Cove. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $466/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 16, 2026.

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