$2,149,000
2638 CHARLES STREET
Beds
7
Baths
6
Sqft
—
Year
2007
About this home
Custom built "Tuscan Themed" house located on one of the most sought after tree-lined streets in Vancouver. 7 bedroom, 5 bathroom home has been meticulously updated & maintained by the owners. Over $100k has been recently invested in building upgrades. Efficiently designed, this home offers maximum versatility and investment potential. 2 mortgage helpers rent for $5500/month. Legal basement suite with a separate entrance & laundry. Sun drenched 33 x 127 lot with fully fenced south facing yard. Great for kids, pets and summer barbecues. Large double garage off back lane with new doors. Central location just minutes to shopping, transit and Commercial Drive. Amazing opportunity to live, rent and hold. (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Lot size
- 4,191 square feet
- MLS#
- R3087808
- Area
- VANCOUVER
Cash on cash
-5.70%
Cap rate
4.75%
GRM
13.9
Break-even rent
$15,051
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 14, 2026.