No photos available
Investment signal

$3,698,000

4479 CARSON STREET

Beds

11

Baths

12

Sqft

Year

2023

About this home

Luxurious mansion in prestigious south slope location with panoramic southern views. Exclusively one of the largest homes ever built in the area. Enjoy the breathtaking views while living through the back 6 parking spots with much lower elevation to access home. Opulent features include large Roof-top deck with amazing views, spacious steam room, sauna, and even two Golf putting greens! Other noteable features include a massive kitchen island, 10 foot main floor ceiling, 9 foot third floor ceiling, a variety of unique and stunning accent walls, and a very private front and back yard. Good rental income from basement is a great mortgage helper. House also comprises of 5 outdoor decks to enjoy the outdoors right in the comfort of your own home! Almost brand new, yet no GST! Contact now (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
9,042 square feet
MLS#
R3066579
Area
BURNABY
Negative cash flow ~$6,972/mo at these assumptions

Cash on cash

-11.31%

Cap rate

3.63%

GRM

16.7

Break-even rent

$25,839

Financing

Down payment$739,600
Loan amount$2,958,400
Mortgage$18,150/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,695
Insurance$80
Maintenance$3,082
CapEx reserve$1,541
Vacancy loss$925

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.

Mortgage estimate

Estimated $18,150/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 14, 2026.

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