For Sale · Land

406 400 Valarosa Place, Didsbury

406 400 Valarosa Place, Didsbury, AB T0M0W0

$203,700 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

Lot Size

0.14253902662993573 ac

About this property

Build your next home at 408 Valarosa Place, a pie-shaped lot at the end of a cul-de-sac in Didsbury’s new Valarosa development. The lot widens toward the rear, offering room to plan your backyard, patio and outdoor living space. Rear lane access adds convenience and options for your future home design. Nearby ponds, the Rosebud River and open landscapes contribute to the neighbourhood’s countryside feel. Bring your ideas and explore the possibilities for your next home in Valarosa. (id:66811)

Financial sandbox

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Estimate
Purchase price$204K
Down payment30% · $61K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$941

Projected NOI

$9K

Annual cash flow

$-2K

Cash-on-cash

-3.46%

DSCR

0.81

Going-in cap

4.50%

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

110,375

Households

39,404

Median income

$122,000

Median age

36.2

Daytime population

122,863

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 406 400 Valarosa Place, Didsbury.

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.