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Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
On market
29d
Welcome to Weslyn Place — the perfect opportunity to build your dream home in a quiet, welcoming community! This new subdivision offers the best of small-town living with the convenience of natural gas, power, and sewer services already available. Enjoy the freedom of no building deadline or timeframe, giving you the flexibility to build when the time is right for you. Plus, take advantage of a 2-year property tax free incentive program! Community planning has approved the subdivision, and the lots are surveyed when sold - sizes can be changed to suit buyer. Lots are affordably priced lots starting at just $19,900 to $29,900, making this an excellent opportunity for homeowners, investors, or developers alike. Located just a “spitting distance” from a beautiful 9-hole golf course, Weslyn Place offers the perfect blend of recreation and peaceful living. The charming community of Mervin features amenities including a bowling alley, modern playground, outdoor skating rink, pickleball courts, confectionary/coffee shop, and post office. Schooling, hospital etc is conveniently located nearby in Turtleford, allowing families to enjoy the quiet lifestyle while still being close to essential services. Looking for an investment opportunity? This subdivision also offers excellent potential for duplexes or multi-family developments such as condos, which would be a fantastic addition to this growing community. Affordable lots, small-town charm, and endless possibilities — Weslyn Place is ready for your vision! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
628.75%
Cap rate
130.61%
GRM
0.7
Break-even rent
$205
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 14, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mervin. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.