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Investment signal

$3,588,000

1372 OTTAWA AVENUE

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Beds

Baths

Sqft

—

Year

1951

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Over 23,000 square ft of land with ocean views,3 separate income streams & subdivision potential nearing final stages. This property features a[3Bed-2Bath] on the main level, A [2Bed-2Bath] above & A [Bachelor- Bath] below, generating strong and diversified rental income from day one. Subdivision activity is actively being approved in the neighborhood, & this property is just steps from finalizing its own process. Hold for cash flow, move forward with subdivision, or secure for future development. Income today, Grow your money tomorrow - a rare opportunity with stability & upside that don´t come often. Whether you´re an End-user, investor or developer, the value make sense from day one. Call to arrange a private showing to discuss how this fits into your Real-estate strategy. Open House: Sunday 2-4 (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 3,165 square feet
Lot size: 23,740 square feet
Lot dimensions: 23740
On market: Apr 1, 2026
Status changed: Apr 27, 2026
Annual tax: $12,824.98 (2024)
Photos: 34
MLS#: R3105742
Area: WEST_VANCOUVER

Features and systems

Parking

Other

Basement

FinishedFullUnknown

Heating

Baseboard heatersForced airNatural gas

Negative cash flow ~$3,701/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.19%

Cap rate

3.63%

GRM

16.7

Break-even rent

$21,846

Financing

Down payment$717,600

Loan amount$2,870,400

Mortgage$14,544/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,645

Insurance$80

Maintenance$2,990

CapEx reserve$1,495

Vacancy loss$898

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 $14,544/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.