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New buildInvestment signal

$1,850,000

2 10571 NO 1 ROAD

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Beds

Baths

Sqft

—

Year

2026

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 Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Built by Leisure Homes and Development, this brand new east facing, side by side duplex is thoughtful designed to elevate modern living with an emphasis on quality, comfort, and flexibility. The upper lev features 3 well proportioned bedrooms and 3 bathrooms, while a self contained 1 bedroom in-l suite/mortgage helper on main. Offering excellent versatility for extended family or future inco potential. The home provides generous space for both everyday living and entertaining, anchored by bright and inviting main living area that enjoys abundant natural light. Contemporary finishes and cle architectural lines are showcased throughout. Bedroom is designed with comfort and privacy in min making this an ideal home for growing families. Minutes away to Steveston Village, school (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Duplex
Common interest: Freehold
Living area: 2,028 square feet
Lot size: 3,600 square feet
Lot dimensions: 3600
Parking: 2 total
On market: Mar 24, 2026
Status changed: Apr 27, 2026
Annual tax: $0
Photos: 16
MLS#: R3103002
Area: RICHMOND

Features and systems

Parking

GarageCarport

Appliances

All

Heating

Radiant heat

Cooling

Air Conditioned

Security

Security systemSmoke Detectors

Negative cash flow ~$1,952/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

-6.33%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,305

Financing

Down payment$370,000

Loan amount$1,480,000

Mortgage$7,499/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$848

Insurance$80

Maintenance$1,542

CapEx reserve$771

Vacancy loss$463

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 $7,499/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 27, 2026.