$182,000
Lot 22-61 Smallwood Terrace
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 Stratford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Excellent opportunity to build your own home in the desirable Kelly Heights subdivision in Stratford. Ideal for living in one side and renting the other, or for building an investment property. Paved roads, municipal water and sewer, and electrical services are already completed within the subdivision, making it ready for construction. Located in a quiet, family-friendly neighborhood, this property is also an excellent choice for investors. Great location-only a 4-5 minute drive to Stratford amenities and downtown Charlottetown. (id:65958)
- Subtype
- Vacant Land
- Community
- Stratford
- Common interest
- Freehold
- Lot size
- 0.22 acres
- Lot dimensions
- 0.22
- On market
- Apr 20, 2026
- Status changed
- Apr 20, 2026
- Photos
- 7
- MLS#
- 202608002
- Area
- STRATFORD
Features and systems
Parking
Lot
Utilities
Cash on cash
37.96%
Cap rate
12.46%
GRM
6.3
Break-even rent
$1,188
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 20, 2026.