1 / 3
Investment signal

$54,900

214-217 Franklyn Street

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

About this home

Opportunity awaits with this 8,064 sq ft vacant lot (approx. 80 x 100) featuring two PIDsoffering exceptional flexibility for builders, investors, and future homeowners alike. Ideally located close to schools, shopping, playgrounds, and established neighbourhoods, this property combines everyday convenience with exciting development potential. Municipal water, sewer, and power are all available at the curb, making your build that much easier. As one of the last remaining lots in the area, this property also backs onto a nearby walking trailperfect for enjoying outdoor space right from your backyard. With potential for a custom home or multi-family build (subject to zoning), this is a rare opportunity in a growing, sought-after location. Build now or invest for the futurethis versatile lot is ready for your vision. (id:65958)

Subtype
Vacant Land
Community
Sydney
Common interest
Freehold
Lot size
0.19 acres
Lot dimensions
0.1851
On market
Apr 22, 2026
Status changed
Apr 22, 2026
Photos
3
MLS#
202608279
Area
SYDNEY

Features and systems

Parking

None
Positive cash flow ~$1,884/mo at these assumptions

Cash on cash

205.87%

Cap rate

46.04%

GRM

1.9

Break-even rent

$417

Financing

Down payment$10,980
Loan amount$43,920
Mortgage$223/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$25
Insurance$80
Maintenance$46
CapEx reserve$23
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 $223/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 22, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.