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Investment signal

$2,700,000

10286 10288 RIVER ROAD

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Beds

Baths

Sqft

—

Year

1972

Type

Multi-family

Suite

Suite potential

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Location nearby

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

About this home

Prime redevelopment opportunity in North Delta. Multiple River Road properties offer strong potential for rezoning to accommodate townhomes or luxury view homes (subject to City approval). Massive rental income potential helps offset holding costs. Potential assembly with adjacent lots could expand the site. Many updates and ideally located near the Fraser River with quick access to Highways 91, 99, 10, and 17, plus transit, schools, shopping, and recreation. Call now for private viewing. (id:65958)

Subtype: Multi-family
Architectural style: 2 Level
Structure: Duplex
Common interest: Freehold
Living area: 3,350 square feet
Lot size: 15,304 square feet
Lot dimensions: 15304
Parking: 10 total
On market: Apr 25, 2026
Status changed: Apr 25, 2026
Annual tax: $5,052.73 (2024)
Photos: 13
MLS#: R3115653
Area: DELTA

Features and systems

Parking

Carport

Basement

FinishedFullSeparate entrance

Heating

Forced airElectric

View

Mountain viewRiver view

Utilities

WaterNatural GasElectricity

Negative cash flow ~$2,812/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.25%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,460

Financing

Down payment$540,000

Loan amount$2,160,000

Mortgage$10,944/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,238

Insurance$80

Maintenance$2,250

CapEx reserve$1,125

Vacancy loss$675

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 $10,944/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 25, 2026.