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Legal suite

$3,089,000

1126 STEVENS STREET

Beds

6

Baths

8

Sqft

Year

2019

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

This Contemporary Ocean View Home boasts extremely high-quality construction and many luxury features including residential elevator, A/C, generator, radiant floor heating, hardwood flooring, truly a home personalized to your life. The main level features 11 foot ceiling, 4 bedroom suites plus study, laundry room. The staircase leads you to a spacious open area, perfect for entertaining. 2 large kitchens with high-end appliances, the bifold doors open to the covered patio, blending indoor & outdoor spaces. The basement features sauna, guest bedroom, Wet bar, sitting area. 2 bedroom legal suite with separate access. Low-Maintenance Yard, designed for easy upkeep and enjoyment. Ample parking space at the front and basketball court at the back, providing recreational space. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
6,480 square feet
Lot size
8,160 square feet
Lot dimensions
8160
Parking
8 total
Fireplace
2
On market
Mar 11, 2026
Status changed
Apr 16, 2026
Annual tax
$14,412.01 (2025)
Photos
40
MLS#
R3097964
Area
WHITE_ROCK

Features and systems

Parking

GarageOpen

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorCentral VacuumDishwasherStoveDryerGarage door opener

Heating

Radiant heat

Cooling

Air Conditioned

View

Ocean view

Utilities

WaterNatural GasElectricity
Negative cash flow ~$2,919/mo at these assumptions

Cash on cash

-5.67%

Cap rate

4.76%

GRM

13.9

Break-even rent

$21,597

Financing

Down payment$617,800
Loan amount$2,471,200
Mortgage$15,161/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,416
Insurance$80
Maintenance$2,574
CapEx reserve$1,287
Vacancy loss$926

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $15,161/mo at 5.49% with 20% down, 25-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 16, 2026.

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