$1,375,000
7707 118 STREET
Beds
2
Baths
1
Sqft
—
Year
1957
About this home
Discover unbeatable value and opportunity with this well-kept rancher set on a sprawling 11,000 sq. ft. (approx.) lot. Whether you're seeking a comfortable family home or looking ahead to future development, this property delivers. Enjoy serene living today with room to grow tomorrow-explore the potential to build a duplex with a suite (check with the city for details). A rare find investment and long-term upside! Perfect for builders, investors, or those dreaming of their next chapter!!! (id:65958)
- Subtype
- Single Family
- Architectural style
- Ranch
- Lot size
- 10,956 square feet
- MLS#
- R3101383
- Area
- DELTA
Cash on cash
-11.55%
Cap rate
3.58%
GRM
16.7
Break-even rent
$9,660
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 14, 2026.