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Investment signal

$77,500

Lot Smith Road

Beds

Baths

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Sqft

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Year

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Location

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About this home

This large treed lakefront parcel is located in a highly desirable area, offering the perfect blend of privacy, natural beauty, and waterfront living. With plenty of mature trees and a peaceful setting, the property provides an ideal backdrop for your future dream home, seasonal retreat, or investment opportunity. Enjoy the quiet surroundings, beautiful lake views, and the space to create the lifestyle youve been looking for. A rare opportunity to own a sizeable piece of lakefront land in a great area, with endless potential and a truly scenic setting. (id:65958)

Subtype: Vacant Land
Common interest: Freehold
Lot size: 4.03 hectares
Lot dimensions: 4.03
On market: Apr 15, 2026
Status changed: Apr 17, 2026
Annual tax: $839.67
Photos: 6
MLS#: NB137282
Area: WATERVILLE

Features and systems

Lot

TreedGolf course/parkland

Community

Fishing

View

Lake view

Waterfront

Waterfront on lake

Positive cash flow ~$737/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

57.08%

Cap rate

17.30%

GRM

4.6

Break-even rent

$624

Financing

Down payment$15,500

Loan amount$62,000

Mortgage$380/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$36

Insurance$80

Maintenance$65

CapEx reserve$32

Vacancy loss$70

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 Waterville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $380/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 17, 2026.