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Investment signal

$139,000

1668 Route 205

Beds

2

Baths

1

Sqft

Year

1970

Location

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About this home

Discover this charming 2-bed, 1-bath home sitting on a beautiful 3.5-acre property right next to the river. Currently tenant-occupied, this home offers a great opportunity for investors or buyers looking for a property with built-in rental income. The spacious lot provides endless potentialwhether you want to expand, garden, or simply enjoy the peace of nature. With its riverside setting, quiet surroundings, and ample outdoor space, this property is full of possibilities. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
980 square feet
Lot size
1.45 hectares
Lot dimensions
1.45
Bedrooms
2 above grade, 0 below grade
On market
Nov 25, 2025
Status changed
Apr 17, 2026
Annual tax
$1,019.96
Photos
18
MLS#
NB130571
Area
SAINT-FRANÇOIS-DE-MADAWASKA

Features and systems

Parking

Attached Garage

Basement

None

Heating

Heat PumpElectric

Cooling

Heat Pump

Exterior

Vinyl

Flooring

Other

Foundation

Block

View

River view

Waterfront

Waterfront on river
Positive cash flow ~$805/mo at these assumptions

Cash on cash

34.76%

Cap rate

12.84%

GRM

6.1

Break-even rent

$1,052

Financing

Down payment$27,800
Loan amount$111,200
Mortgage$682/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$64
Insurance$80
Maintenance$116
CapEx reserve$58
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $682/mo at 5.49% with 20% down, 25-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 17, 2026.

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