$49,500
A Highway 289
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About this home
Nice and clean level lot last used as pasture for grazing and riding now available. Lots of room for a single-family home, duplex, or even for subdividing into two roomy building lots; or use it as your own hayfield, horse run or pasture land. Less than 15-minutes to Hwy 102 makes it an ideal spot for rural living with easy access to the fast lane. Put in a driveway and you could have your new home built before school starts, or your manufactured home placed there before summer! (id:65958)
- Subtype
- Vacant Land
- Lot size
- 2.5 acres
- MLS#
- 202606612
- Area
- MIDDLE_STEWIACKE
Cash on cash
226.97%
Cap rate
51.28%
GRM
1.7
Break-even rent
$429
Financing
Operating expenses (monthly)
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.