Legal suite

$1,275,000

11398 88A AVENUE

Save this home

Beds

3

Baths

1

Sqft

Year

1968

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Investor Alert: Prime Annieville Location! Fabulous opportunity! This 8,460 sq. ft. rectangular lot (60x141) sits on a quiet, low-traffic "A" Avenue in a desirable family neighborhood. Sunny south and west exposure creates the perfect backyard, with a gentle slope and services well positioned (sanitary approx. 11 ft below grade). Build your dream home or maximize returns with a 3-storey home + legal suite & garden suite, or a duplex with garden suites on both sides. Enjoy west-facing views from upper floors. Centrally located near parks, schools, shopping, transit, and quick highway and Scott Road access. Act fast-rare find! (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Common interest
Freehold
Living area
1,856 square feet
Lot size
8,460 square feet
Lot dimensions
8460
Parking
5 total
Fireplace
1
On market
Apr 29, 2026
Status changed
Apr 30, 2026
Annual tax
$4,839.04 (2024)
Photos
1
MLS#
R3116371
Area
DELTA

Features and systems

Parking

CarportRVVisitor Parking

Basement

FinishedFullUnknown

Heating

Forced airNatural gas

View

City viewMountain view

Utilities

WaterNatural GasElectricity
Negative cash flow ~$159/mo at these assumptions

Cash on cash

-0.75%

Cap rate

4.71%

GRM

13.9

Break-even rent

$7,817

Financing

Down payment$255,000
Loan amount$1,020,000
Mortgage$5,168/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$584
Insurance$80
Maintenance$1,063
CapEx reserve$531
Vacancy loss$383

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.

Location nearby

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

Mortgage estimate

Estimated $5,168/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 30, 2026.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.