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Investment signal

$2,480,000

6555 ST. CHARLES PLACE

Beds

5

Baths

3

Sqft

Year

1965

About this home

Renovated home in Upper Deer Lake just few minutes from Metrotown. Around 7800 sqft of land with back lane and awesome back yard garden comes with a variety of fruits, veggie and plants. *Maximum SSMUH Residential Units Per lot is 6 -Inquire with city.* Nice and quiet street. Over 2600 sqft of interior space with plenty of updates including new bathrooms/kitchens, new roof in 2023, Daikin Air Conditioning/heating in 2023, etc. RV parking. Huge balcony with mountain views. Suite with separate entry and laundry for rental income/mortgage helper. Move in ready. Clean, bright and very well kept. Don't miss it! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Lot size
7,810 square feet
MLS#
R3095820
Area
BURNABY
Negative cash flow ~$4,708/mo at these assumptions

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$17,356

Financing

Down payment$496,000
Loan amount$1,984,000
Mortgage$12,172/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,137
Insurance$80
Maintenance$2,067
CapEx reserve$1,033
Vacancy loss$620

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 $12,172/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 13, 2026.

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