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Investment signal

$20,500

NO 340 Highway

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

About this home

This beautiful 3.41 +/- acre lot, just minutes from the convenience of the Village of Weymouth, offers an ideal blend of cleared space and mature trees, creating a perfect setting for your future plans. With direct road frontage, the property provides easy access and possibilities, whether you envision a private residence or investment opportunity. This spacious lot invites you to make your dreams a reality in a accessible location that combines the charm of a country setting with the convenience of nearby local amenities. (id:65958)

Subtype
Vacant Land
Community
Weymouth
Common interest
Freehold
Lot size
3.4 acres
Lot dimensions
3.4
On market
Nov 15, 2024
Status changed
Apr 22, 2026
Photos
8
MLS#
202426690
Area
WEYMOUTH

Features and systems

Parking

None

Lot

Partially cleared
Positive cash flow ~$2,082/mo at these assumptions

Cash on cash

609.33%

Cap rate

126.73%

GRM

0.7

Break-even rent

$209

Financing

Down payment$4,100
Loan amount$16,400
Mortgage$83/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$9
Insurance$80
Maintenance$17
CapEx reserve$9
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 $83/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.

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