For Sale · Land

603 McCulloch Crescent, Irricana

603 McCulloch Crescent, Irricana, AB T0M1B0

$82,500 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

90%

Lot Size

0.1652892561983471 ac

About this property

Build Your Dream Home in Irricana! Discover this spacious 7,200 sq. ft. residential lot in a quiet, established neighborhood. Enjoy the charm of small-town living with convenient access to Airdrie, Calgary, and surrounding communities. The previous home was destroyed by fire, offering a fresh opportunity to build your dream home. Whether you're a builder, investor, or future homeowner, this generously sized lot offers plenty of potential. Bring your plans and make it your own! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$83K
Down payment30% · $25K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$381

Projected NOI

$3K

Annual cash flow

$-1K

Cash-on-cash

-6.02%

DSCR

0.67

Going-in cap

3.73%

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

117,832

Households

48,942

Median income

$124,500

Median age

34

Daytime population

160,887

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 603 McCulloch Crescent, Irricana.

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.