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New buildInvestment signal

$1,489,000

5171 57 STREET

Beds

4

Baths

4

Sqft

Year

2025

About this home

This brand-new 2,000 square ft residence offers the space and feel of a detached home-no compromises. Thoughtfully designed with modern finishes, generous room sizes, this home compares directly with detached properties while delivering exceptional added value. A detached garden suite with this 1/2 Duplex provides approximately $1,600/month in rental income, making it ideal as a mortgage helper, in-law accommodation, or private home office. This additional income significantly reduces the effective cost of ownership and sets this property apart from similarly priced homes. Getting a small community feeling in Ladner with modern features like Central Vacuum, fully Air Conditioned, EV Ready, Radiant heating, Close to schools shopping, BC Ferries, 15 minutes to Richmond. Move in ready! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
3,456 square feet
MLS#
R3082555
Area
DELTA
Negative cash flow ~$2,854/mo at these assumptions

Cash on cash

-11.50%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,454

Financing

Down payment$297,800
Loan amount$1,191,200
Mortgage$7,308/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$682
Insurance$80
Maintenance$1,241
CapEx reserve$620
Vacancy loss$373

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 $7,308/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 18, 2026.

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