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Investment signal

$527,500

2110 Park Avenue

Save this home

Beds

4

Baths

3 full + 1 half

Sqft

Year

1994

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

This well-cared-for 3-bedroom half duplex with a 1-bedroom mortgage helper is the kind of property buyers wait for! Step into a bright, open living room that flows seamlessly into the dining area, highlighted by two large windows and sliding glass doors leading to a fully covered 6' x 24' sundeck — the perfect place to relax and take in the stunning views of Camel’s Hump Mountain. The spacious kitchen offers loads of cupboard space, and a convenient 2-piece bath on the main floor adds everyday practicality. Upstairs, you’ll find three generous bedrooms and a full bathroom, making this an ideal layout for families. The real bonus? A self-contained 1-bedroom basement suite — perfect for extra income, extended family, or maximizing your investment. With rental vacancy rates at historic lows, this is an incredible opportunity for: First-time buyers seeking mortgage help, Investors looking for strong rental potential, and Families needing space and flexibility. Buy your investment property and your home in one smart move. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Lumby Valley
Common interest
Freehold
Living area
2,015 square feet
Lot size
0.18 acres
Lot dimensions
0.18
Parking
4 total
Stories
2
On market
Feb 12, 2026
Status changed
Apr 24, 2026
Annual tax
$1,689.82
Photos
38
MLS#
10375863
Area
LUMBY

Features and systems

Basement

Full

Heating

Forced air

Exterior

Vinyl siding

Roof

Asphalt shingleUnknown
Negative cash flow ~$364/mo at these assumptions

Cash on cash

-4.14%

Cap rate

4.04%

GRM

15.2

Break-even rent

$3,284

Financing

Down payment$105,500
Loan amount$422,000
Mortgage$2,138/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$242
Insurance$80
Maintenance$440
CapEx reserve$220
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: 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 $2,138/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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