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Investment signal

$359,900

NE 27-52-3-W4th 52040 RR 32 A&B

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Beds

Baths

Sqft

—

Year

1998

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

For Sale Near Marwayne: Two Homes, 5 Fenced Acres, Barn + Income Move-in ready and income producing! Just minutes from Marwayne, this fully fenced 5-acre property gives you two separate homes, a barn, and a sound outdoor riding arena — perfect for living, riding, and earning.Property Highlights• Two homes on one deed: Mobile home,+ house both move-in ready with 3 bedrooms the mobile home has 2 bathrooms and A/C the house has 3 bedrooms and one bathroom • Really close to Marwayne: Easy access to town while keeping your country privacy• 5 fully fenced acres: Pasture, space, and security for animals• Horse-ready setup: Barn and sound outdoor riding arena on site• Built-in income: Rental income from second home helps offset your mortgage• Key upgrades done: New septic tank & pump. The older home features a new furnace and new hot water tank — major systems you won’t have to worry aboutWhy Buyers Love It• Flexible living: Live in one, rent the other. Great for multi-gen family, guests, or a caretaker.• Hobby farm friendly: Fenced acreage + barn + other out buildings (id:65958)

Subtype: Single Family
Architectural style: Mobile Home
Structure: Manufactured Home
Common interest: Freehold
Living area: 1,216 square feet
Lot size: 5 acres
Lot dimensions: 5.00
Bedrooms: 3 above grade, 0 below grade
Stories: 1
On market: Apr 16, 2026
Status changed: Apr 21, 2026
Annual tax: $1,632 (2025)
Zoning: AG RES
Photos: 50
MLS#: A2302562
Area: RURAL_VERMILION_RIVER,_COUNTY_OF

Features and systems

Parking

Detached Garage

Basement

None

Appliances

RefrigeratorDishwasherStoveWindow CoveringsWasher & Dryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Flooring

LaminateLinoleum

Foundation

See Remarks

Positive cash flow ~$126/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

2.11%

Cap rate

5.29%

GRM

12.5

Break-even rent

$2,267

Financing

Down payment$71,980

Loan amount$287,920

Mortgage$1,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$165

Insurance$80

Maintenance$300

CapEx reserve$150

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 $1,459/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 21, 2026.