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Investment signal

$2,788,000

1033 E 39TH AVENUE

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Beds

Baths

Sqft

—

Year

1994

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

OPEN HOUSE SUN, APRIL 19TH 2-4PM. This is the home you've been waiting for-a perfect family residence offering incredible versatility. With nine bedrooms and six bathrooms, this spacious home is situated in a prime location, offering easy access to Richmond, Downtown Vancouver, UBC, Langara College, and UCW. You'll find shopping, transit, and SkyTrain connections all nearby. The property holds immense potential, with rental income opportunities of over $3,000. The large lot 44 feet wide and 120 feet deep-features two kitchens, three levels, a triple-car garage, and four extra spots. A large deck is perfect for entertaining friends and family, while the fenced backyard adds privacy and potential for a laneway house, boosting your investment. Nearby are Sir Alexander Elem. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 3,768 square feet
Lot size: 5,368 square feet
Lot dimensions: 5368
Parking: 7 total
On market: Mar 30, 2026
Status changed: Apr 20, 2026
Annual tax: $11,020 (2025)
Photos: 29
MLS#: R3104880
Area: VANCOUVER

Features and systems

Parking

Garage

Basement

FinishedUnknownUnknown

Appliances

AllDishwasher

Heating

Electric

Lot

Central location

Security

Security system

Negative cash flow ~$2,891/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

-6.22%

Cap rate

3.62%

GRM

16.7

Break-even rent

$16,994

Financing

Down payment$557,600

Loan amount$2,230,400

Mortgage$11,301/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,278

Insurance$80

Maintenance$2,323

CapEx reserve$1,162

Vacancy loss$698

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 $11,301/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 20, 2026.