$2,799,000
1570 1572 GILES PLACE
Beds
8
Baths
8.4
Sqft
—
Year
1974
About this home
Welcome to this well-maintained side-by-side duplex nestled on a quiet cul-de-sac. Situated on a massive 10,224 sqft lot. This property is perfect for multi-generational living or as a savvy investment. Hold & rent now, then develop in the future! Each side features 3 bdrms up & a 1-bdrm suite mortgage helper. Enjoy a spacious double detached garage + a driveway built for an RV, boat & more cars. The large sundeck is ideal for BBQs & entertaining. Located in a family-friendly hub near Montecito Elementary, Burnaby North Secondary & SFU. Recreation is at your doorstep w/a golf course, pickleball courts & scenic walking/biking trails nearby. Daily errands are a breeze w/Safeway & Sungiven Foods just minutes away. Craving a bite? White Spot & Cockney Kings are right in the neighborhood. This rare gem offers space, income & incredible future potential in a prime location. Don't miss out on this versatile opportunity perfect for growing families & investors. (id:65958)
- Subtype
- Multi-family
- Lot size
- 10,224 square feet
- MLS#
- R3101025
- Area
- BURNABY
Cash on cash
-11.36%
Cap rate
3.62%
GRM
16.7
Break-even rent
$19,578
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 15, 2026.