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Investment signal

$1,499,000

1 122 EIGHTH AVENUE

Save this home

Beds

4

Baths

4

Sqft

Year

2024

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

The best Duplex in town! Only 1 remaining brand new home in GlenBrooke North which has everything you need: high ceilings, privacy, ample sunshine, A/C, HRV, radiant floor heating & security cameras. Open kitchen features a 5 burner gas stove, waterfall kitchen island, s/s appliances, garburator for convenience, and a modern family room overlooking the open patio with BBQ gas connection and big backyard. The spacious living and dining areas have a 60" fireplace whilst the luxurious powder room feels like a 5 star hotel. Upstairs, there are 3 bedrooms with ensuites. Below has a potential 2 bedroom suite with bath & separate entry, a great mortgage helper or can be used as a flex space for storage, home office, or gym. Level 2 EV ready carport. Walking distance to all levels of school. OPEN HOUSE SAT APR 18 2:00 - 4:00 PM (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
Duplex
Common interest
Condo/Strata
Living area
2,121 square feet
Lot size
6,672 square feet
Lot dimensions
6672
Parking
4 total
Condo/HOA fee
$0 monthly
On market
Jan 15, 2026
Status changed
Apr 19, 2026
Annual tax
$6,449.99
Photos
25
MLS#
R3079949
Area
NEW_WESTMINSTER

Features and systems

Parking

Other

Basement

FinishedFullSeparate entrance

Appliances

All

Heating

Radiant heatOil

Cooling

Air Conditioned

Lot

Central location

View

View

Security

Security systemSmoke DetectorsSprinkler System-Fire
Negative cash flow ~$1,592/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,176

Financing

Down payment$299,800
Loan amount$1,199,200
Mortgage$6,076/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,249
CapEx reserve$625
Vacancy loss$375

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 $6,076/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 19, 2026.

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