Investment signal

$155,900

1769 NORWOOD STREET

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About this home

Great central cleared lot available to start building! Potential to re-zone this property for a multifamily opportunity thru the city or build a home with an income suite! Close to shopping, hospital and schools, don't overlook the potential in this property. (id:65958)

Subtype: Vacant Land
Lot size: 0.15 acres
MLS#: R3109325
Area: PRINCE_GEORGE

Positive cash flow ~$1,169/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

44.97%

Cap rate

14.88%

GRM

5.4

Break-even rent

$1,170

Financing

Down payment$31,180

Loan amount$124,720

Mortgage$765/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$71

Insurance$80

Maintenance$130

CapEx reserve$65

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.

Mortgage estimate

Estimated $765/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 15, 2026.

About this home

Investor view — deal analyzer

Mortgage estimate