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Investment signal

$529,000

2303B 39 Street

Beds

3

Baths

2.1

Sqft

Year

1976

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Outstanding value in Vernon! This spacious and well-maintained 3-bedroom, 2-bathroom half-duplex offers 1,474 sq ft of comfortable living space at an attractive price point. The functional layout features two bedrooms on the main level, one downstairs, plus a versatile flex room perfect for a home office, gym, or playroom. Step outside to enjoy a larger-than-average backyard for a half-duplex, ideal for relaxing or entertaining. The west-facing deck and cozy backyard patio provide great outdoor living spaces to enjoy the afternoon and evening sun. Parking is easy with a single-car garage and additional space available. Clean, move-in ready, and centrally located close to amenities, this property is an excellent opportunity for first-time buyers, small families, or investors looking for great value. Book your showing today—this one won’t last long! (id:65958)

Subtype
Single Family
Structure
Duplex
Community
South Vernon
Common interest
Freehold
Living area
1,474 square feet
Lot size
0.09 acres
Lot dimensions
0.09
Parking
1 total
Stories
2
On market
Mar 12, 2026
Status changed
Apr 15, 2026
Annual tax
$2,389.87
Photos
34
MLS#
10378825
Area
VERNON

Features and systems

Parking

Attached Garage

Heating

Forced air
Negative cash flow ~$1,062/mo at these assumptions

Cash on cash

-12.05%

Cap rate

3.48%

GRM

16.6

Break-even rent

$3,768

Financing

Down payment$105,800
Loan amount$423,200
Mortgage$2,596/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$242
Insurance$80
Maintenance$441
CapEx reserve$220
Vacancy loss$133

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

Mortgage estimate

Estimated $2,596/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 15, 2026.

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