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Investment signal

$559,000

8 Station Road

Beds

0

Baths

Sqft

Year

1950

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

Welcome to 8 Station Road, a fantastic investment opportunity featuring 8 rental units. This property offers diverse mix of unit types, catering to a range of tenants while providing a stable source of rental income. One two-bedroom unit perfect for small families or couples, this spacious unit also features a spacious living room, kitchen and 2 full baths. Six one-bedroom units ideal for singles, students, professionals. With a spacious living area, kitchen with ample cabinets for storage and bath. One unit is wheel chair accessible. One bachelor unit with murphy bed, a compact and efficient unit, perfect for a single person or student featuring a combined living/sleeping area, kitchen and bath. All units have separate entrances, washer and dryer. Siding, windows, electrical, and plumbing completed in 2016/2017. Units heated by electric heat. Many opportunities with this property, live in one and collect income for investment purposes. (id:65958)

Subtype
Other
Structure
Multi-Family
Common interest
Freehold
Living area
10,000 square feet
Lot dimensions
65' x 146'
Bedrooms
0 above grade, 0 below grade
On market
Nov 3, 2025
Status changed
Apr 16, 2026
Annual tax
$4,410 (2025)
Zoning
Multi
Photos
34
MLS#
1292143
Area
GRAND_FALLS-WINDSOR

Features and systems

Appliances

RefrigeratorDishwasherStove

Heating

Electric

Exterior

Vinyl siding

Flooring

LaminateOther

Foundation

Concrete
Negative cash flow ~$1,118/mo at these assumptions

Cash on cash

-12.01%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,977

Financing

Down payment$111,800
Loan amount$447,200
Mortgage$2,744/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$256
Insurance$80
Maintenance$466
CapEx reserve$233
Vacancy loss$140

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

Mortgage estimate

Estimated $2,744/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.

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