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Investment signal

$1,389,000

22 7288 HEATHER STREET

Beds

Baths

Sqft

—

Year

2006

Location

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About this home

Rarely available Duplex-Style townhouse at Barrington Walk, built by Polygon. This home offers the privacy and feel of a detached house while enjoying the convenience of townhouse living. Featuring 4 bedrooms in total-3 bedrooms upstairs plus 1 bedroom and a full bathroom on the lower level, perfect for an in-law or nanny suite, with a separate entrance. The well-designed and functional layout offers a spacious living room, family room, and dining area on the main floor, complemented by 9-ft ceilings that enhance the bright and open feel of the home. The property also includes a side-by-side double garage for added convenience. Enjoy a sizable private south-facing backyard, ideal for BBQs and outdoor activities. Great school catchment: Palmer Secondary & DeBeck Elementary. Don't miss out! (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Common interest: Condo/Strata
Living area: 1,830 square feet
Lot dimensions: 0
Parking: 2 total
Condo/HOA fee: $510.06 monthly
On market: Mar 16, 2026
Status changed: Apr 13, 2026
Annual tax: $4,710.76 (2025)
Photos: 26
MLS#: R3100226
Area: RICHMOND

Features and systems

Parking

Garage

Appliances

All

Heating

Baseboard heatersElectric

Community

Pets Allowed With Restrictions

Negative cash flow ~$2,667/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.52%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,758

Financing

Down payment$277,800

Loan amount$1,111,200

Mortgage$6,817/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$637

Insurance$80

Maintenance$1,158

CapEx reserve$579

Vacancy loss$348

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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,817/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.