Investment signal

$145,000

Lot 34 Stanmol Drive

Save this home

Beds

—

Baths

—

Sqft

—

Year

—

Type

Vacant Land

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

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

About this home

Discover the perfect canvas for your next development in the highly sought-after West Royalty area. This rare duplex-zoned lot combines unparalleled convenience with high-growth potential. Situated within a vibrant new development zone, the property boasts exceptional transit links and is within easy walking distance of top-tier schools, premium shopping, and public transportation. While centrally located, the lot offers a unique natural advantage: it borders a lush wooded area and a peaceful creek. This provides a level of backyard privacy and serenity rarely found in new residential developments. Whether you are looking to build a high-demand rental or a premium multi-family residence, this parcel represents an exceptional value in a prime location. (id:65958)

Subtype: Vacant Land
Community: West Royalty
Common interest: Freehold
Lot size: 0.2 acres
Lot dimensions: 0.2
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $1,366 (2025)
Photos: 1
MLS#: 202608246
Area: WEST_ROYALTY

Features and systems

Parking

None

Lot

Level lot

Utilities

CableDSL*

Positive cash flow ~$1,365/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

56.46%

Cap rate

16.16%

GRM

5.0

Break-even rent

$964

Financing

Down payment$29,000

Loan amount$116,000

Mortgage$588/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$66

Insurance$80

Maintenance$121

CapEx reserve$60

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 $588/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 22, 2026.