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Investment signal

$1,520,000

112 TENTH AVENUE

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Beds

Baths

Sqft

—

Year

1910

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

About this home

Builder/Investor Alert! Prime development opportunity in quiet, central GlenBrooke neighbourhood of New West. Build a single-family home with secondary suite plus a laneway house on this large, nearly 7000 sq ft. lot with expansive views. OCP allows for a Duplex or multi units with New West´s expanding Infill Housing designation. Or an excellent holding, investment property with steady rental income from two suites and 5 total bedrooms. Huge fenced yard with back lane access. Walking distance to all amenities - Safeway and shopping complex, restaurants, new Canada Games Rec Centre, parks, elementary and secondary school, transit & bridge. Unbelievable potential, call today! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 1,716 square feet
Lot size: 6,921 square feet
Lot dimensions: 6921
On market: Mar 30, 2026
Status changed: Apr 25, 2026
Annual tax: $5,600.77 (2025)
Photos: 6
MLS#: R3104591
Area: NEW_WESTMINSTER

Features and systems

Parking

Other

Basement

FullSeparate entranceUnknown

Appliances

All

Heating

Forced air

Lot

Central locationPrivate setting

View

Negative cash flow ~$1,618/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

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,303

Financing

Down payment$304,000

Loan amount$1,216,000

Mortgage$6,161/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$697

Insurance$80

Maintenance$1,267

CapEx reserve$633

Vacancy loss$380

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 $6,161/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.