Investment signal

$45,900

112-114 McDonald AVENUE E

Save this home

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

About this home

Large 80' x 125' lot to build your dream home or investment property on. 10,000 sq ft. This property has connections to water, sewer. Power and gas were connected in the past. Zoned R-2. (id:65958)

Subtype
Vacant Land
Structure
Unknown
Common interest
Freehold
Lot size
10,000 square feet
Lot dimensions
10000.00
On market
Apr 14, 2026
Status changed
Apr 27, 2026
Annual tax
$1,046 (2025)
Photos
1
MLS#
SK032803
Area
MELFORT

Features and systems

Lot

Rectangular
Positive cash flow ~$1,936/mo at these assumptions

Cash on cash

253.01%

Cap rate

55.47%

GRM

1.6

Break-even rent

$363

Financing

Down payment$9,180
Loan amount$36,720
Mortgage$186/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$21
Insurance$80
Maintenance$38
CapEx reserve$19
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 $186/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 27, 2026.

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