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Investment signal

$2,700,000

10308 RIVER ROAD

Save this home

Beds

4

Baths

3

Sqft

Year

1977

Type

Single Family

Suite

Suite potential

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. Adjoining properties are also for sale with strong potential for rezoning to accommodate townhomes (subject to City approval). Massive rental income potential helps to offset holding costs. Potential assembly with adjacent front lots could expand the site substantially. Amazing views and 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
Single Family
Architectural style
2 Level, 3 Level
Structure
House
Common interest
Freehold
Living area
2,984 square feet
Lot size
14,222 square feet
Lot dimensions
14222
Parking
12 total
Fireplace
2
On market
Apr 25, 2026
Status changed
Apr 25, 2026
Annual tax
$4,411 (2024)
Photos
40
MLS#
R3115639
Area
DELTA

Features and systems

Parking

Detached Garage

Basement

FinishedFullUnknown

Heating

Natural gasHot Water

View

River view

Utilities

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

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.

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