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Investment signal

$825,000

3067 Sherman Rd

Beds

Baths

Sqft

—

Year

1971

Location

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About this home

*** For more information, please click Brochure button. *** Large lot, rare opportunity to subdivide. PLA in place for 2 lot subdivision with duplex zoning. Flat, easy to build. Proposed Lot A is 7254 sq. ft. with a comfortable, clean and solid 1064 sq. ft. home, great for a rental, potential add-on or a carriage house. Proposed Lot B is 7584 sq. ft. plus the panhandle drive. Detached double garage 19'3'' X 22'4'' plus shed 10'6 X 15'4''. Opportunity to build a duplex with options as per R-3 Zoning. (id:65958)

Subtype: Single Family
Architectural style: Contemporary
Structure: House
Community: West Duncan
Common interest: Freehold
Living area: 1,064 square feet
Lot size: 17,840 square feet
Lot dimensions: 17840
Parking: 8 total
On market: Apr 14, 2026
Status changed: Apr 14, 2026
Annual tax: $3,144
Zoning: Duplex
Photos: 6
MLS#: 1032183
Area: DUNCAN

Features and systems

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Forced airNatural gas

Cooling

None

Lot

Level lotOtherRectangular

Negative cash flow ~$1,620/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

-11.78%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,830

Financing

Down payment$165,000

Loan amount$660,000

Mortgage$4,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$378

Insurance$80

Maintenance$688

CapEx reserve$344

Vacancy loss$206

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

Mortgage estimate

Estimated $4,049/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 14, 2026.