1 / 47

Investment signal

$190,000

928 Buchanan Road

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.

Open full map

Text about this home Send a message

About this home

Welcome to a fully renovated, turn-key home on a beautiful, large 2-acre lot. Ready to move right in, or would make a great investment property! This home has undergone extensive updates. Renovations include some structural improvements, a new kitchen, large decks, siding, roof, fully rewired, new plumbing, insulated, drywalled, painted, flooring, a heat pump, vinyl windows and doors, a new water heater, large outbuilding. The one-of-a-kind backyard offers exceptional privacy, while the spacious outdoor living area is complemented by the 18' x 15' outbuilding. This property is ideally located for those who love the outdoors, with close proximity to the world-class Mill River golf course, local beaches, and the charming town of O'Leary. (id:65958)

Subtype: Single Family
Structure: House
Community: Mount Royal
Common interest: Freehold
Lot size: 2 acres
Lot dimensions: 2
Bedrooms: 1 above grade, 0 below grade
Stories: 1.5
On market: Aug 29, 2025
Status changed: Apr 13, 2026
Annual tax: $840 (1990)
Photos: 46
MLS#: 202521909
Area: MOUNT_ROYAL

Features and systems

Parking

Parking Space(s)Gravel

Basement

Full

Appliances

WasherBarbequeRange - ElectricDishwasherDryer

Heating

Radiant heatElectricWall Mounted Heat Pump

Exterior

Vinyl

Flooring

TileLaminate

Foundation

Poured Concrete

Community

School Bus

Negative cash flow ~$7/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

-0.22%

Cap rate

5.84%

GRM

11.3

Break-even rent

$1,407

Financing

Down payment$38,000

Loan amount$152,000

Mortgage$933/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$87

Insurance$80

Maintenance$158

CapEx reserve$79

Vacancy loss$70

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

Mortgage estimate

Estimated $933/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.