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Investment signal

$169,900

3345 Falconbridge Highway

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

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

About this home

Prime building lot in the heart of Garson. 50 x 120 building lot. R2-2 zoning ideal for multi family. On bus route. Seller indicates services at lot line, buyer to verify. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot dimensions
50 X 120
On market
Oct 16, 2025
Status changed
Apr 19, 2026
Zoning
R2-2
Photos
3
MLS#
2125259
Area
GARSON

Features and systems

Parking

Exposed Aggregate
Positive cash flow ~$1,221/mo at these assumptions

Cash on cash

43.12%

Cap rate

13.49%

GRM

5.9

Break-even rent

$1,115

Financing

Down payment$33,980
Loan amount$135,920
Mortgage$689/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78
Insurance$80
Maintenance$142
CapEx reserve$71
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 $689/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 19, 2026.

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