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Investment signal

$335,000

15 GANNET CRESCENT

Beds

Baths

Sqft

—

Year

1954

Location

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About this home

Want the feel of a new home without the price? This is the one. Completely redone down to the studs starting in 2019, this home features all new insulation, wiring, plumbing, and more giving you the confidence of modern construction without the premium price tag. Step inside to a bright and inviting space with a layout rarely seen in a half duplex. The upper level offers a private primary bedroom with a walk-in closet and cheater ensuite, along with an open-concept kitchen and living area. Downstairs includes 3 additional bedrooms, a 3-piece bathroom, a rec area, and conveniently tucked away laundry making full use of the space. Access the garage and storage directly from the back door, so you're not hauling groceries through the rain! (id:65958)

Subtype: Single Family
Structure: Duplex
Common interest: Freehold
Living area: 1,428 square feet
Lot size: 5,704.98 square feet
Lot dimensions: 5704.98
Stories: 2
On market: Apr 8, 2026
Status changed: Apr 17, 2026
Annual tax: $2,022.35 (2025)
Photos: 22
MLS#: R3108974
Area: KITIMAT

Features and systems

Parking

Garage

Basement

FinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Exterior

Vinyl siding

Roof

Asphalt shingleConventional

Foundation

Concrete Perimeter

Positive cash flow ~$459/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

8.21%

Cap rate

7.53%

GRM

9.6

Break-even rent

$2,417

Financing

Down payment$67,000

Loan amount$268,000

Mortgage$1,644/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$154

Insurance$80

Maintenance$279

CapEx reserve$140

Vacancy loss$145

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 Kitimat. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,644/mo at 5.49% with 20% down, 25-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 17, 2026.