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Investment signal

$499,000

76 TIMBER Lane

Beds

—

Baths

—

Sqft

—

Year

1997

Location

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About this home

A TRIPLEX in North Rustico, featuring two main level two story units, and one walk out basement unit. The main level units have the same floor plans. Each side features a front deck that leads to the living room, an eat in kitchen with a side door entrance, and a main level half bathroom and laundry. The second floor features a full bathroom and three bedrooms. The spacious primary bedroom is next to the bathroom, and has a large double closet. The walk out basement unit features two bedrooms, one full bathroom, a kitchen and a living room with ample natural light. The property has asphalt driveways, and each unit has a lawn area. Robin?s donuts, the grocery store and restaurants are just a short walk away. North Rustico is a beautiful fishing town, offering scenic views of the harbor, a great park and boardwalk shops, and beautiful sandy beaches! (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: North Rustico
Common interest: Freehold
Lot size: 0.24 acres
Lot dimensions: 0.24
Stories: 3
On market: Apr 16, 2026
Status changed: Apr 16, 2026
Annual tax: $5,052 (2026)
Zoning: Multi-Family
Photos: 40
MLS#: 202607549
Area: NORTH_RUSTICO

Features and systems

Parking

Parking Space(s)

Appliances

WasherDryer - ElectricRefrigeratorCooktop - Electric

Heating

Baseboard heatersRadiant heatOilElectricHot WaterWall Mounted Heat Pump

Cooling

Air Conditioned

Exterior

Vinyl

Flooring

LaminateCarpeted

Foundation

Poured Concrete

Community

School Bus

Negative cash flow ~$1,007/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.10%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,559

Financing

Down payment$99,800

Loan amount$399,200

Mortgage$2,449/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$416

CapEx reserve$208

Vacancy loss$125

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

Mortgage estimate

Estimated $2,449/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 16, 2026.