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Investment signal

$308,000

305 7260 LINDSAY ROAD

Beds

3

Baths

1

Sqft

Year

1974

About this home

A hidden Gem in well sought after location in Richmond! This spacious and bright 3 bedroom & Den is a rare find in the area. Spacious size of 1068 square feet with a functional floor plan is perfect for growing family or downsizer. Bright & sunny south facing with wide open green space view. Over 100 SF, functional floor plan w/bright natural light throughout! Very well maintained home with large bedroom. Upgraded with laminate floor & new paint. Only 4 units per floor. Quiet neighbourhood, walking distance to Thompson Community Centre, McKay Elementary, bus route, Richmond Centre, City Hall. Very convenient. Potential rental income. (id:65958)

Subtype
Single Family
MLS#
R3092852
Area
RICHMOND
Positive cash flow ~$162/mo at these assumptions

Cash on cash

3.16%

Cap rate

6.52%

GRM

10.7

Break-even rent

$2,229

Financing

Down payment$61,600
Loan amount$246,400
Mortgage$1,512/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$141
Insurance$80
Maintenance$257
CapEx reserve$128
Vacancy loss$120

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 $1,512/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 16, 2026.

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