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Investment signal

$1,098,880

14858 56A AVENUE

Beds

5

Baths

4

Sqft

Year

2005

About this home

Priced to sell at $1,098,880. This 5 bed home in Sullivan Station is the perfect step up for buyers looking to move from a townhome into a detached with added income potential. The main living space features impressive 11 ft ceilings, creating an open and airy feel rarely found in this price range. Flexible layout allows for a 3 bed main with a 2 bed suite or a 4 bed main with a 1 bed suite. The basement has a separate entry and is already set up, only requiring a kitchen to complete, making it an easy option to generate rental income or accommodate extended family. Attached garage and located in a quiet, family friendly neighbourhood close to schools, parks, and amenities. A smart move into detached living with built in upside. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
2,078 square feet
MLS#
R3102200
Area
SURREY
Negative cash flow ~$2,125/mo at these assumptions

Cash on cash

-11.61%

Cap rate

3.57%

GRM

16.6

Break-even rent

$7,737

Financing

Down payment$219,776
Loan amount$879,104
Mortgage$5,393/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$916
CapEx reserve$458
Vacancy loss$275

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 $5,393/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 18, 2026.

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