$779,000
1260 Sayward Rd
Beds
8
Baths
4
Sqft
—
Year
1970
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.
About this home
Legal triplex with separate hydro meters, PLUS a rancher (SFD) offered as a fantastic investment opportunity on over an acre in the Sayward Valley. The rancher is currently vacant and freshly painted, offering flexibility to be owner occupied or provide additional rental income. Within the triplex, on the ground floor you’ll find a vacant 3 bedroom, 1 bathroom unit with in-suite laundry (new washing machine and dryer), new carpet and fresh paint. The second level has TWO 1 bedroom, 1 bathroom suites (both currently tenanted), with shared laundry and great views. Additional income is brought in through the rental of 5 separate bays; 4 bays with concrete floors and new garage doors are currently tenanted, with the 5th bay offering the tallest clearance and dirt floor retained by the owners. There have been many recent updates, including metal roof installations on both buildings, new power pole and service upgrade, newer windows and more. Springer Creek runs through the back of the property, and the owners have a water license to draw from it. There are three shallow wells and a separate pump station outbuilding on the property, as well as two electrical rooms and ample parking for all suites to have 2+ vehicles. Located just a few minutes past the Sayward Junction, enjoy close proximity to groceries, restaurants, and the marina. Foreign investors welcome! (id:65958)
- Subtype
- Single Family
- Structure
- Triplex
- Community
- Kelsey Bay/Sayward
- Common interest
- Freehold
- Living area
- 3,722 square feet
- Lot size
- 1.24 acres
- Lot dimensions
- 1.24
- Parking
- 14 total
- Fireplace
- 1
- On market
- Jan 29, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $2,341.73
- Zoning
- Multi-Family
- Photos
- 78
- MLS#
- 1024296
- Area
- SAYWARD
Features and systems
Appliances
Heating
Cooling
Lot
View
Security
Cash on cash
-11.78%
Cap rate
3.53%
GRM
16.6
Break-even rent
$5,510
Financing
Operating expenses (monthly)
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 Sayward. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
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.