$649,000
716/718 HILLCREST ROAD
Beds
2
Baths
2
Sqft
—
Year
1959
About this home
Discover a prime investment opportunity in the heart of Gibsons. This side-by-side duplex offers versatility & steady income, currently generating $3,450 per month. Dual Income Potential: Each unit is a 1-bedroom suite, with one featuring its own laundry facilities. Flexible Living Options: Live in one unit & rent out the other, continue with long-term tenants, or explore vacation rental possibilities. South-facing with a small ocean view, parking for four vehicles + a large partially fenced backyard with simple landscaping. Conveniently located, this one-story duplex is larger than it appears and offers a prime location. Great month-to-month tenants. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Lot size
- 7,169 square feet
- MLS#
- R3084914
- Area
- GIBSONS
Cash on cash
-11.89%
Cap rate
3.51%
GRM
16.6
Break-even rent
$4,604
Financing
Operating expenses (monthly)
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
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.