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Investment signal

$479,000

0 RITA Street

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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 Markstay-Warren. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to a beautiful, large country lot just under 5 acres nestled in a picturesque subdivision of Markstay. (15 minutes east of Sudbury, 30 minutes to Sturgeon Falls, 45 minutes to North Bay and easy access to HWY 69 South. Incredible opportunity to build your dream home with a huge dream garage, pool, or a tennis court if so desired. Possibility of severances, single family, multifamily. Huge possibilities with this dream property. Also available across the street is another three-acre parcel or 4 possible large lots which are nestled on a lovely cul-de-sac. (id:65958)

Subtype
Vacant Land
Lot dimensions
IRR.
On market
Mar 23, 2026
Status changed
Apr 20, 2026
Zoning
Residential
Photos
3
MLS#
2126866
Area
MARKSTAY-WARREN

Features and systems

Parking

None
Negative cash flow ~$560/mo at these assumptions

Cash on cash

-7.01%

Cap rate

3.46%

GRM

16.6

Break-even rent

$2,989

Financing

Down payment$95,800
Loan amount$383,200
Mortgage$1,942/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$220
Insurance$80
Maintenance$399
CapEx reserve$200
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 $1,942/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 20, 2026.

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