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Investment signal

$1,575,000

10111 AINSWORTH CRESCENT

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Beds

4

Baths

3

Sqft

Year

1961

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional opportunity in a prime McNair location! This 7,098 SF lot with back lane access is zoned RSM/L (Fourplex potential), offering outstanding future value. The well-maintained 2,148 SF two-storey home features 4 bedrooms, 4 bathrooms, and a ready in-law suite-ideal for extended family or rental income. Bright and spacious layout with large windows, newer roof, updated carpet (2000-2012), and a functional kitchen opening to a generous deck and private, serene backyard. Nestled on a quiet, picturesque crescent in a highly desirable, family-friendly neighbourhood, just steps to schools, parks, shopping, and convenient transit routes. With minor TLC and your personal touch, this property truly shines. A rare opportunity for families, investors, builders, or multi-generational living. Excellent value and priced to sell-act fast! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,148 square feet
Lot size
7,098 square feet
Lot dimensions
7098
Parking
1 total
Fireplace
2
On market
Apr 7, 2026
Status changed
Apr 23, 2026
Annual tax
$5,310.54 (2025)
Photos
38
MLS#
R3107005
Area
RICHMOND

Features and systems

Parking

Garage

Heating

Forced air

Lot

Private setting
Negative cash flow ~$1,674/mo at these assumptions

Cash on cash

-6.38%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,637

Financing

Down payment$315,000
Loan amount$1,260,000
Mortgage$6,384/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$722
Insurance$80
Maintenance$1,313
CapEx reserve$656
Vacancy loss$394

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 $6,384/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 23, 2026.

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