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Legal suite

$875,000

2061 Bernau Court

Save this home

Beds

4

Baths

3

Sqft

Year

2008

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Rare single-family home in Lake Country under $1M with a legal suite. This 4-bedroom plus den, 3-bathroom home offers 2,608 sq. ft. of functional living space, designed with families in mind, and sits on a quiet, family-friendly street. Inside, vaulted ceilings create a bright, open feel, complemented by a well-thought-out layout. The legal suite includes two large bedrooms and a private side entrance, giving tenants their own space without impacting your backyard—perfect as a mortgage helper or for extended family. There’s also flexibility to possibly reclaim one of the suite bedrooms if you ever needed an extra bedroom for the upstairs. The double car garage adds everyday convenience with plenty of room for vehicles, storage, and all the extras. Step outside and follow the footpath straight to Davidson Road Elementary School just across the road. Surrounded by wineries and local fruit stands, this home offers the best of Lake Country living. Homes like this don’t come up often, book your viewing today! (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Lake Country South West
Common interest
Freehold
Living area
2,608 square feet
Lot size
0.14 acres
Lot dimensions
0.14
Parking
6 total
Stories
2
Fireplace
1
On market
Mar 30, 2026
Status changed
Apr 22, 2026
Annual tax
$4,020.49
Photos
65
MLS#
10369824
Area
LAKE_COUNTRY

Features and systems

Parking

Attached Garage

Basement

Full

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

See remarks

Exterior

StoneVinyl siding

Flooring

TileHardwoodLaminateCarpeted

Roof

Asphalt shingleUnknown

Lot

Cul-de-sacIrregular lot sizeOne Balcony

View

Mountain view
Negative cash flow ~$134/mo at these assumptions

Cash on cash

-0.92%

Cap rate

4.68%

GRM

13.9

Break-even rent

$5,391

Financing

Down payment$175,000
Loan amount$700,000
Mortgage$3,547/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401
Insurance$80
Maintenance$729
CapEx reserve$365
Vacancy loss$263

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 $3,547/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 22, 2026.

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