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Investment signal

$98,000

360 Burton Avenue

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Beds

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Baths

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Type

Vacant Land

Suite

Suite potential

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Location nearby

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

About this home

Great opportunity to get into the market with this 0.11 acre bare lot conveniently located in town! Offering easy access to local amenities, schools, and shopping, this property is perfectly suited for those looking to build a home or investment property in a practical, central location. The lot is level and usable, with rear lane access providing added flexibility for parking, garage access, or future development options. Municipal services are nearby (buyer to verify), making this an excellent option for builders or buyers ready to bring their vision to life. Affordable, well-located, and full of potential—don’t miss your chance to secure a piece of Princeton real estate! (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Princeton
Common interest: Freehold
Lot size: 0.11 acres
Lot dimensions: 0.11
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $569.28
Photos: 9
MLS#: 10384118
Area: PRINCETON

Features and systems

Lot

Level lot

Community

Family Oriented

Utilities

WaterSewerNatural GasElectricityTelephone

Positive cash flow ~$1,635/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

100.12%

Cap rate

24.89%

GRM

3.4

Break-even rent

$679

Financing

Down payment$19,600

Loan amount$78,400

Mortgage$397/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$45

Insurance$80

Maintenance$82

CapEx reserve$41

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 $397/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 20, 2026.