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Investment signal

$2,680,000

1132 ALDERSIDE ROAD

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Beds

Baths

Sqft

—

Year

1960

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

About this home

Unique waterfront property showcasing a marina port, private dock, and deep-water access suitable for large yacht. You can park your yacht right outside your house, this is not just a beach house! This prime location presents a plethora of opportunities including building your dream coastal home, investing in a lucrative Airbnb or vacation rental, or simply enjoying recreational activities such as fishing and kayaking from your own waterfront access. The current tenant offers immediate income, allowing you to strategize your future plans. Whether you choose to live on the property, utilize it as a rental income source, or embark on a reconstruction project, this property offers a distinctive lifestyle and investment prospect. lifestyle and investment prospect. Book your showing soon! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 1,300 square feet
Lot size: 3,288 square feet
Lot dimensions: 3288
Parking: 2 total
Fireplace: 1
On market: Apr 6, 2026
Status changed: Apr 24, 2026
Annual tax: $11,334.86 (2025)
Photos: 21
MLS#: R3107075
Area: PORT_MOODY

Features and systems

Parking

GarageVisitor Parking

Appliances

AllHot Tub

Heating

Baseboard heatersElectricNatural gas

View

Waterfront

Negative cash flow ~$2,792/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

-6.25%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,339

Financing

Down payment$536,000

Loan amount$2,144,000

Mortgage$10,863/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,228

Insurance$80

Maintenance$2,233

CapEx reserve$1,117

Vacancy loss$670

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 $10,863/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 24, 2026.