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Legal suite

$2,888,000

1470 W 57TH AVENUE

Save this home

Beds

5

Baths

5

Sqft

Year

2024

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Exquisite 1/2 duplex situated in the desirable South Granville offering spacious and functional layout on all floors. Chef´s kitchen featuring a beautiful waterfall island and high quality appliances. Upstairs boasts 3 spacious bedrooms with ensuites! A/C, HRV, radiant in floor heating, tile/engineered hardwood flooring throughout main floors. Central location and easy commute to everything. Walk to community centre, parks, schools and more! Bonus: a 2 bed legal suite mortgage helper or for extended family. Book your private showing today! Video Link: https://youtu.be/MtzAUPQd1w8?si=qMR_4g0N8jPpvBUJ (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
Duplex
Common interest
Condo/Strata
Living area
2,315 square feet
Lot size
6,625 square feet
Lot dimensions
6625
Parking
2 total
Condo/HOA fee
$0 monthly
On market
Oct 2, 2025
Status changed
Apr 24, 2026
Annual tax
$8,335
Photos
35
MLS#
R3054871
Area
VANCOUVER

Features and systems

Parking

Detached Garage

Basement

FinishedFullUnknown

Appliances

AllOven - Built-In

Heating

Radiant heatNatural gas

Cooling

Air Conditioned

Lot

Central location

Security

Smoke Detectors
Negative cash flow ~$261/mo at these assumptions

Cash on cash

-0.54%

Cap rate

4.76%

GRM

13.9

Break-even rent

$17,600

Financing

Down payment$577,600
Loan amount$2,310,400
Mortgage$11,706/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,324
Insurance$80
Maintenance$2,407
CapEx reserve$1,203
Vacancy loss$866

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 $11,706/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 24, 2026.

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