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Investment signal

$2,280,000

10411 STEVESTON HIGHWAY

Save this home

Beds

8

Baths

4

Sqft

Year

1920

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

This property is truly exceptional! Ideally positioned facing south, it sits on a generous 11,139 square ft lot. The home features three levels, Currently tenanted with strong rental income, with a total annual income of $99,600, this is a high-yield investment property. Future potential- build a 4 unit multi-family property or team up with neighbors for townhomes (combined frontage:50 meters).Book your private showing today! (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
4,286 square feet
Lot size
11,139 square feet
Lot dimensions
11139
Parking
10 total
On market
Apr 2, 2026
Status changed
Apr 22, 2026
Annual tax
$7,144.37 (2025)
Photos
5
MLS#
R3106555
Area
RICHMOND

Features and systems

Heating

Natural gasHot Water
Negative cash flow ~$2,387/mo at these assumptions

Cash on cash

-6.28%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,913

Financing

Down payment$456,000
Loan amount$1,824,000
Mortgage$9,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,045
Insurance$80
Maintenance$1,900
CapEx reserve$950
Vacancy loss$570

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 $9,242/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 22, 2026.

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