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Investment signal

$1,289,000

22106 LEMON AVENUE

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Beds

Baths

Sqft

—

Year

2005

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

About this home

Welcome to 22106 Lemon Ave in desirable Richmond - a well-maintained 4 bed, 4 bath family home offering comfort, flexibility, and income potential. Featuring a self-contained 1-bedroom nanny suite with full bathroom and separate entrance, perfect for extended family or rental income. The spacious kitchen showcases newer stainless steel appliances and a large custom island ideal for cooking and gathering. Enjoy a double garage with lane access on a quiet tucked-away street. Pride of ownership shows with yearly exterior maintenance including trim painting, deck and fence upkeep, plus regular roof cleaning - truly move-in ready. Conveniently located near parks, schools and transit. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 1,982 square feet
Lot size: 2,917 square feet
Lot dimensions: 2917
Parking: 2 total
Fireplace: 1
On market: Feb 17, 2026
Status changed: Apr 19, 2026
Annual tax: $4,576.62 (2025)
Photos: 40
MLS#: R3090583
Area: RICHMOND

Features and systems

Parking

Garage

Basement

UnfinishedCrawl spaceUnknown

Appliances

All

Heating

Forced airNatural gas

Lot

Central locationPrivate setting

Negative cash flow ~$1,379/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

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,902

Financing

Down payment$257,800

Loan amount$1,031,200

Mortgage$5,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$591

Insurance$80

Maintenance$1,074

CapEx reserve$537

Vacancy loss$323

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 $5,225/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 19, 2026.