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$1,289,000

22106 LEMON AVENUE

Beds

4

Baths

4

Sqft

Year

2005

About this home

Welcome to 22106 Lemon Ave in desirable Richmond - a well-maintained 4 bed, 4 bath family home offering comfort, flexibility, and income potential. Featuring a self-contained 1-bedroom nanny suite with full bathroom and separate entrance, perfect for extended family or rental income. The spacious kitchen showcases newer stainless steel appliances and a large custom island ideal for cooking and gathering. Enjoy a double garage with lane access on a quiet tucked-away street. Pride of ownership shows with yearly exterior maintenance including trim painting, deck and fence upkeep, plus regular roof cleaning - truly move-in ready. Conveniently located near parks, schools and transit. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
2,917 square feet
MLS#
R3090583
Area
RICHMOND
Negative cash flow ~$2,481/mo at these assumptions

Cash on cash

-11.55%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,061

Financing

Down payment$257,800
Loan amount$1,031,200
Mortgage$6,326/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$591
Insurance$80
Maintenance$1,074
CapEx reserve$537
Vacancy loss$323

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 $6,326/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 19, 2026.

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