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Investment signal

$595,000

189 Brickyard Road

Save this home

Beds

3

Baths

2

Sqft

Year

1947

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Enderby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent income-generating opportunity in a prime Enderby location, offering two residential suites and a large detached shop, all currently fully tenanted. Zoned Light Industrial, this versatile property is ideal for investors or those seeking a live/work setup with strong rental income. The main floor suite offers approximately 1,273 sq. ft., featuring 2 bedrooms, 1 bathroom, a dedicated office, and in-suite laundry, providing comfortable living space for long-term tenants. The upper suite is approximately 503 sq. ft. and includes a living room, kitchen, 1 bedroom, and a full bathroom, creating an additional revenue stream. A standout feature is the 24’ x 32.5’ detached steel Quonset shop, separately rented and equipped with 220 power, concrete floors, and a mezzanine for added storage or workspace (not insulated). Situated on a large pull-through lot with ample parking and a nicely maintained yard, the property offers excellent access and functionality. Located next to Central Hardware in Enderby, this high-exposure setting enhances its appeal for both residential and commercial tenants. A rare chance to secure a fully leased, multi-income property with long-term potential. (id:65958)

Subtype
Single Family
Structure
House
Community
Enderby / Grindrod
Common interest
Freehold
Living area
1,777 square feet
Lot size
0.34 acres
Lot dimensions
0.34
Parking
1 total
Stories
2
On market
Apr 16, 2026
Status changed
Apr 17, 2026
Annual tax
$2,755
Photos
60
MLS#
10383295
Area
ENDERBY

Features and systems

Parking

Detached GarageSee Remarks

Heating

Baseboard heaters
Negative cash flow ~$682/mo at these assumptions

Cash on cash

-6.88%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,693

Financing

Down payment$119,000
Loan amount$476,000
Mortgage$2,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$273
Insurance$80
Maintenance$496
CapEx reserve$248
Vacancy loss$149

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $2,412/mo at 4.5% with 20% down, 30-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.

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