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Investment signal

$1,199,000

17 5510 ADMIRAL WAY

Beds

3

Baths

3

Sqft

Year

2016

About this home

Welcome to Charterhouse at Hampton Cove. Beautiful 1583 sqft, 3-bedroom, 1/2 duplex-style, end unit home. The bright main level features 9-ft ceilings and an open-concept layout perfect for everyday living. The kitchen boasts white cabinetry, quartz countertops, a gas range and stainless steel appliances. Spa-inspired bathrooms add a touch of luxury, and a double side-by-side garage provides convenience. Set in a scenic riverside community between a golf course and marina and close to schools, shops, restaurants and amenities. Residents enjoy exclusive access to the 12,000+ square ft Hampton Cove clubhouse with resort style amenities including an outdoor pool, fitness studio, gymnasium and guest suites. OPEN HOUSE SUNDAY APRIL 12 2-4PM. (id:65958)

Subtype
Single Family
Architectural style
2 Level
MLS#
R3101931
Area
DELTA
Negative cash flow ~$2,313/mo at these assumptions

Cash on cash

-11.57%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,435

Financing

Down payment$239,800
Loan amount$959,200
Mortgage$5,885/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$999
CapEx reserve$500
Vacancy loss$300

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 $5,885/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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