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Investment signal

$695,000

466 LINE 2 LINE

Beds

Baths

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Build your dream home AND your dream shop! 5.9 acres being offered for sale with a section of the property zoned IR allowing for flexibility in building a small service shop or light industrial uses along side your dream home. All development charges, fees etch. are the responsibility of the buyer. Natural gas easement runs through the side of the property. Note: newly formed land boundaries for this property and taxes are roughly $2,800 per year. Seller will consider VTB with strong down payment and will consider investment property trade/exchange. (id:65958)

Subtype
Vacant Land
Community
Rural Oro-Medonte
Lot dimensions
330 x 600 FT ; IRR
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$2,800 (2025)
Zoning
RUR2/IR
Photos
4
MLS#
S12989594
Area
ORO-MEDONTE

Features and systems

Lot

Irregular lot size

Utilities

ElectricityCable
Negative cash flow ~$1,377/mo at these assumptions

Cash on cash

-11.89%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,925

Financing

Down payment$139,000
Loan amount$556,000
Mortgage$3,411/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$319
Insurance$80
Maintenance$579
CapEx reserve$290
Vacancy loss$174

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

Mortgage estimate

Estimated $3,411/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 13, 2026.

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