$1,299,000
4504 42 St
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Innisfail. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
3.29 acres Bordering Hwy 2A in Innisfail.Property has town approval for both Hwy Commercial; and Multi Family Development. Seller will consider Financing for qualified Buyer.Large two-level home with full basement and double garage on the property. Home faces town park.Home can also be accessed from 44 Ave and 44 Street to view during the winter months.Power and natural gas to the home. Currently on a well for water; but town water line is available to hook up at any time. . (id:65958)
- Subtype
- Vacant Land
- Living area
- 137,650 square feet
- Lot dimensions
- 0
- On market
- Dec 22, 2025
- Status changed
- Apr 23, 2026
- Photos
- 0
- MLS#
- 43888417
- Area
- INNISFAIL
Cash on cash
-6.42%
Cap rate
3.58%
GRM
16.7
Break-even rent
$7,963
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.