No photos available
Investment signal

$1,199,000

4018 Pleasant Valley Road

Beds

8

Baths

4

Sqft

Year

1971

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

4018 Pleasant Valley Road, Vernon, BC - Updated Full Duplex – Turnkey Investment Opportunity - Ideally located in a convenient central Vernon neighbourhood, this fully updated full duplex offers excellent income potential and exceptional flexibility for investors or multi-generational living. The property features four self-contained two-bedroom suites, each with its own private entrance and in-suite laundry—providing privacy and comfort for every resident. With a total of 8 bedrooms, 4 bathrooms, and 4 laundry units, this well-maintained duplex has been thoughtfully modernized inside and out. Each suite showcases contemporary finishes, updated flooring, refreshed kitchens and baths, and bright, functional layouts that appeal to tenants. Currently, three of the four suites are rented on fixed-term leases, while one unit is vacant and ready for occupancy—offering an immediate opportunity for owner use or additional rental income. Outside, the property provides ample on-site parking to easily accommodate all occupants and guests. The central location places residents close to shopping, parks, schools, and transit, making this a sought-after address for tenants and owners alike. Whether you’re seeking a low-maintenance revenue property or a versatile living arrangement, 4018 Pleasant Valley Road delivers strong income, updated interiors, and unbeatable convenience—all in one package. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Harwood
Common interest
Freehold
Living area
3,625 square feet
Lot size
0.18 acres
Lot dimensions
0.18
Parking
6 total
Stories
2
On market
Jan 23, 2026
Status changed
Apr 13, 2026
Annual tax
$5,060
Photos
56
MLS#
10373713
Area
VERNON

Features and systems

Parking

CarportRear

Basement

Full

Heating

Forced airSee remarks
Negative cash flow ~$2,313/mo at these assumptions

Cash on cash

-11.57%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,435

Financing

Down payment$239,800
Loan amount$959,200
Mortgage$5,885/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$999
CapEx reserve$500
Vacancy loss$300

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 $5,885/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 13, 2026.

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