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Investment signal

$244,000

114 Red Wing Crescent

Save this home

Beds

1

Baths

1

Sqft

Year

1972

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Escape to your own private retreat nestled in the trees. This updated 1 bed + den home features a stylish kitchen, open living space and an updated bathroom including a custom tile shower, blending comfort with modern touches.Outside, unwind in the hot tub or gather around the fire pit in your secluded outdoor living space.Ideal for year-round living, a weekend getaway, or an investment opportunity — this property delivers charm, privacy, and versatility all in one. (id:65958)

Subtype
Single Family
Architectural style
Cottage
Structure
House
Common interest
Freehold
Living area
482 square feet
Lot size
10,381 square feet
Lot dimensions
10381.00
Bedrooms
1 above grade, 0 below grade
Parking
3 total
Stories
1
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$967 (2025)
Zoning
LR
Photos
18
MLS#
A2304265
Area
TILLICUM_BEACH

Features and systems

Parking

Other

Basement

None

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Flooring

TileLaminate

Foundation

Piled

Lot

Treed

Community

Lake Privileges
Negative cash flow ~$156/mo at these assumptions

Cash on cash

-3.83%

Cap rate

4.10%

GRM

14.5

Break-even rent

$1,564

Financing

Down payment$48,800
Loan amount$195,200
Mortgage$989/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$112
Insurance$80
Maintenance$203
CapEx reserve$102
Vacancy loss$70

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 $989/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 23, 2026.

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