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Investment signal

$349,000

32 OLD N THOMPSON E Highway

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Beds

Baths

Sqft

Year

Type

Other

Suite

Suite potential

Location nearby

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

About this home

Excellent investment opportunity - Mobile home and 7 room attached office space. This property offers a well-maintained mobile home, currently occupied by long-term tenants, ensuring a steady stream of rental income. Additionally, the property includes a spacious 7-room office space that is also being rented out. The office provides further rental potential or the opportunity for personal use. The property is 0.84 acres, level and backs onto a treed space. Conveniently located close to all amenities, including shopping, restaurants, and recreational facilities, this property offers convenience for tenants and clients alike. With easy access to the highway, commuting to and from the property is a breeze. Whether you're looking to expand your investment portfolio or establish your own business headquarters, this property offers endless possibilities. Don't miss out on this rare opportunity to secure a prime investment in Clearwater. Schedule a viewing today! (id:65958)

Subtype
Other
Structure
Other
Community
Clearwater
Lot size
0.84 acres
Lot dimensions
0.84
On market
Aug 25, 2025
Status changed
Apr 24, 2026
Photos
42
MLS#
10360422
Area
CLEARWATER

Features and systems

Heating

No heat
Positive cash flow ~$189/mo at these assumptions

Cash on cash

3.25%

Cap rate

5.51%

GRM

12.1

Break-even rent

$2,201

Financing

Down payment$69,800
Loan amount$279,200
Mortgage$1,415/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160
Insurance$80
Maintenance$291
CapEx reserve$145
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: 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 $1,415/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 24, 2026.

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