For Sale · Land

336 Parkview Estates, Strathmore

336 Parkview Estates, Strathmore, AB T1P1K8

$169,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

92%

Lot Size

0.18705860840256397 ac

About this property

Build Your Dream Home on a Rare Oversized Lot!Looking for the perfect place to build? This exceptional 57.87' x 140' lot offers the space and flexibility you've been searching for. Ideally located across from a beautiful green space, you'll enjoy an open view and a welcoming neighborhood setting.With established homes already built on both sides, you'll have the confidence of knowing what your surroundings will look like, plus the added benefit of existing fencing on both sides.This generously sized lot can accommodate a home with a front-attached garage, and there's also room for a rear garage or additional parking thanks to the convenient back alley access. Best of all, there is no building commitment—bring your own builder and design the home that suits your lifestyle.Features:Large 57.87' x 140' lotAcross from green spaceEstablished neighborhoodExisting homes and fencing on both sidesBack alley accessSuitable for front-attached and rear garage optionsServices to the property lineNo building commitmentOpportunities like this are rare in established communities. Don't miss your chance to create the home you've always envisioned.GST may be applicable as this is vacant land. (id:66811)

Financial sandbox

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Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$785

Projected NOI

$8K

Annual cash flow

$-1K

Cash-on-cash

-2.38%

DSCR

0.87

Going-in cap

4.83%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

115,139

Households

49,947

Median income

$99,000

Median age

43.1

Daytime population

156,060

5-yr growth

6.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 336 Parkview Estates, Strathmore.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.