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Investment signal

$1,350,000

11980 GLENHURST STREET

Beds

4

Baths

2

Sqft

Year

1971

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

Attention investors! MASSIVE almost 12,000 sqft lot! This property is ideally located just minutes from Downtown Maple Ridge and offers exciting future potential. There may be an opportunity to rezone for an additional lot or possibly a duplex development (buyer to verify). In the meantime, you can choose to live in the home or generate rental income while exploring your options. The house is well-maintained and, with some updates, could become a very comfortable residence. Don´t miss out, this is a fantastic opportunity for the right buyer. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
1,800 square feet
Lot size
11,625 square feet
Lot dimensions
11625
Parking
4 total
On market
Apr 5, 2026
Status changed
Apr 16, 2026
Annual tax
$5,786.31 (2025)
Photos
16
MLS#
R3106850
Area
MAPLE_RIDGE

Features and systems

Parking

GarageRV

Appliances

All

Heating

Natural gas
Negative cash flow ~$2,599/mo at these assumptions

Cash on cash

-11.55%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,486

Financing

Down payment$270,000
Loan amount$1,080,000
Mortgage$6,626/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$619
Insurance$80
Maintenance$1,125
CapEx reserve$563
Vacancy loss$338

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

Mortgage estimate

Estimated $6,626/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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