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Prince Albert · Single Family · under $1,300,000. Alerts only send when there are new or meaningfully updated matching homes.
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13-Property Investment Package – Fully Rented, Turn-Key Opportunity! Attention investors! This rare and highly lucrative 11-house + 2 vacant lot package presents the perfect opportunity to expand your portfolio with ease. Fully rented and generating consistent income, these properties are a true turn-key solution with strong return on investment from day one. The package includes a mix of charming bungalows and well-kept homes, all with steady tenants in place: • 325-15th Street W: 816 sq ft bi-level with single detached garage, currently rented for $1,200/month. • 706 18th Street W: 480 sq ft one-bedroom bungalow, includes fridge and stove, partially fenced yard, and off-street parking. Rented for $950/month. • 1101 18th Street W: A well-cared-for 3-bedroom bungalow with fridge and stove included, partially fenced yard, and off-street parking. Rented for $1300/month. • 868 17th Street W: Updated 784 sq ft 3-bedroom home on a large double lot, featuring a modern bathroom, fresh flooring and paint, new siding, shingles, windows, deck, and fencing. The basement is roughed in for a future bathroom and family space. • 1138 15th Street W: 675 sq ft bungalow with a 624 sq ft garage. Rented for $1,500/month. • 743 18th Street W: 1,044 sq ft 8 bedroom bungalow, currently rented for $4,800/month ($600 per room) • 658 18th Street W: 556 sq ft two-bedroom bungalow, rented for $1,200/month. • 682 18th Street W: 518 sq ft one-bedroom home, rented for $1000/month. • 1924 15th Street W: 840 sq ft home with a 352 sq ft garage, rented for $1,150/month. •861-17th Street West: vacant lot •760-18th Street West: vacant lot •873-13th Street West: 616’ 3 bedroom with 352’ garage: $1500 total ($1400/house + $100/month for garage) •865-13th Street West: 660’ 2 bedroom: $1200 Collectively, these properties gross $17,625/month per month in rental income, offering investors a reliable and hassle-free cash flow + 2 vacant lots included! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.47%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,362
Financing
Operating expenses (monthly)
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Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Mar 5, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.