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Investment signal

$249,900

11 Wharf Road

Save this home

Beds

3

Baths

1

Sqft

Year

1948

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Newcastle Creek. 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 11 Wharf Road in Newcastle Creek, a hidden gem nestled within a warm and welcoming community. Set on a beautiful one-acre lot, this property boasts some of the finest views of Grand Lake, offering a peaceful backdrop for everyday living. Just a short stroll to the nearby wharf, you can spend your days fishing, boating, swimming, or simply enjoying the water, no matter the season. This home is designed for convenient one-level living and includes both an attached and detached garage, providing ample space for vehicles, storage, or hobbies. Step inside to a spacious entryway complete with laundry and plenty of room for coats, boots, and outdoor gear, perfect for embracing an active lifestyle. The bright country kitchen is filled with natural light and showcases picturesque lake views, creating a warm and inviting space for cooking. The main living area is generously sized, ideal for family time or entertaining guests, and is complemented by three comfortable bedrooms and a full main-level bath. A cozy nook offers the perfect spot to enjoy your morning coffee while overlooking the water. Patio doors lead to a lovely deck that captures sweeping views of the marina, making it an ideal place to relax or host summer get-togethers. Whether youre searching for a family home, a peaceful retirement retreat, or a smart investment property, this lakeside opportunity offer value and lifestyle. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Common interest
Freehold
Living area
1,272 square feet
Lot size
4,560 square meters
Lot dimensions
4560
Bedrooms
3 above grade, 0 below grade
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$940.37
Photos
50
MLS#
NB137841
Area
NEWCASTLE_CREEK

Features and systems

Parking

Attached GarageDetached GarageGarage

Heating

Heat PumpForced airOilWood

Cooling

Heat Pump

Exterior

Vinyl

Flooring

LaminateVinyl

Foundation

BlockConcrete

Lot

Level lotBalcony/Deck/Patio

View

Lake view
Positive cash flow ~$760/mo at these assumptions

Cash on cash

18.25%

Cap rate

8.51%

GRM

8.7

Break-even rent

$1,600

Financing

Down payment$49,980
Loan amount$199,920
Mortgage$1,013/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$115
Insurance$80
Maintenance$208
CapEx reserve$104
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 $1,013/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 23, 2026.

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