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Investment signal

$1,399,000

2437 E 22ND AVENUE

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Beds

Baths

Sqft

—

Year

1913

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Incredible investment opportunity just two blocks from Nanaimo SkyTrain Station. Located in a fast-growing, transit-oriented area, this property offers strong holding and redevelopment potential. Zoned R1-1, it can allow for up to 4 dwelling units and is designated in the Vancouver Official Development Plan for future mid- to high-rise development. Recent updates include roof, washer, dryer, stove, microwave, and bathtub in 2021, plus a new hot water tank in 2025. Previously rented for $2,800/month (until March 2026), it offers solid income while you plan your next move. Ideal for investors, builders, or long-term holders seeking upside. Book your showings today! (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 1,344 square feet
Lot size: 3,744.76 square feet
Lot dimensions: 3744.76
On market: Apr 7, 2026
Status changed: Apr 13, 2026
Annual tax: $7,364 (2025)
Photos: 22
MLS#: R3106885
Area: VANCOUVER

Features and systems

Basement

UnfinishedPartialUnknown

Appliances

AllWasherRefrigeratorStoveDryerWasher & Dryer

Heating

Forced air

Lot

Central location

View

Negative cash flow ~$1,491/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

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,569

Financing

Down payment$279,800

Loan amount$1,119,200

Mortgage$5,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641

Insurance$80

Maintenance$1,166

CapEx reserve$583

Vacancy loss$350

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 $5,671/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 13, 2026.