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Investment signal

$55,000

8 Pine Street

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

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

About this home

Prime Half-Acre Lot with River Views & Duplex Zoning - Right in Town! Dont miss this rare opportunity to own a spacious 0.5-acre parcel of land perfectly positioned in town, offering stunning river views and full zoning approval for a duplex. Whether youre an investor, builder, or future homeowner, this property provides the ideal setting for multi-family living or rental income potential, all while enjoying the beauty of nature with the convenience of urban amenities just minutes away. Opportunities like this dont come along often-build now or hold for future value! (id:65958)

Subtype
Vacant Land
Community
Bridgewater
Common interest
Freehold
Lot size
0.5 acres
Lot dimensions
0.5
On market
Dec 3, 2025
Status changed
Apr 24, 2026
Photos
6
MLS#
202528983
Area
BRIDGEWATER

Features and systems

Parking

None

View

River view
Positive cash flow ~$1,883/mo at these assumptions

Cash on cash

205.43%

Cap rate

45.95%

GRM

1.9

Break-even rent

$418

Financing

Down payment$11,000
Loan amount$44,000
Mortgage$223/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$25
Insurance$80
Maintenance$46
CapEx reserve$23
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 $223/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 24, 2026.

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