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Investment signal

$1,699,000

1341 PARKER STREET

Save this home

Beds

4

Baths

3

Sqft

Year

1968

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

EXCELLENT HOLDING AND DEVELOPMENT PROPERTY, check with City of White Rock for more information. It looks favorably for this lot to re-zone to duplex zoning. This old but beautiful & cozy home in highly desirable White Rock area is perfect for holding property; build your dream home later or hold for future potential. Above ground basement entry home with 3 bedrooms up and 1 bedroom self-contained suite. City of White Rock should be able re-zone this lot duplex zoning. Don't walk to property without permission from the listing realtor. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,341 square feet
Lot size
8,089 square feet
Lot dimensions
8089
On market
Jan 23, 2026
Status changed
Apr 27, 2026
Annual tax
$8,945.98 (2025)
Photos
35
MLS#
R3082539
Area
WHITE_ROCK

Features and systems

Parking

GarageOther

Basement

FinishedFullUnknown

Heating

Forced air

View

Mountain view

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,794/mo at these assumptions

Cash on cash

-6.34%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,389

Financing

Down payment$339,800
Loan amount$1,359,200
Mortgage$6,887/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$779
Insurance$80
Maintenance$1,416
CapEx reserve$708
Vacancy loss$425

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 $6,887/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 27, 2026.

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