For Sale · Land

408 400 Valarosa Place, Didsbury

408 400 Valarosa Place, Didsbury, AB T0M0W0

$204,855 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

97%

Lot Size

0.17245179063360883 ac

About this property

Create 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. With approximately 27.9 ft. of curved frontage, the lot widens toward the rear, providing room to plan a backyard retreat, garden or outdoor entertaining space. Rear lane access adds convenience and flexibility when considering your home and garage layout. Nearby ponds, the Rosebud River and open landscapes add to the appeal of this growing neighbourhood. Bring your vision to life and enjoy a countryside feel within the community of Didsbury. (id:66811)

Financial sandbox

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Estimate
Purchase price$205K
Down payment30% · $61K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$946

Projected NOI

$11K

Annual cash flow

$-358

Cash-on-cash

-0.58%

DSCR

0.97

Going-in cap

5.37%

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

109,276

Households

38,856

Median income

$68,000

Median age

41.5

Daytime population

167,154

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 408 400 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.