$2,990,000
30305 SILVERDALE AVE AVENUE
Beds
6
Baths
3
Sqft
—
Year
1987
About this home
5.25 gently sloped acres located in Silverdale's Central Neighbourhood. Property is located in the Glade precinct which forms part of the Lower Slopes, the very first area to develop. APPROVED Land Use Plan shows a mixture of SMALL Single Family LOTS and a bit of townhouse at the very top. Site should yield 15+ lots, 9 TOWNHOUSES AND NEIGHBOURHOOD PARK,CITY WOULD PAY AS PER MARKET VALUE WHEN THE DEVELOPMENT COMES. Property has nice 3,200 square foot home with 5 BEDROOMS ,3 FULL BATHROOMS ANS A NANNY suite and multiple outbuildings FOR HORSES AND WORKSHOP. Great rental income as development approaches. (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Lot size
- 5.25 acres
- MLS#
- R3111506
- Area
- MISSION
Cash on cash
-11.36%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,908
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 16, 2026.