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Investment signal

$400,000

91 5820 HASTINGS STREET

Beds

3

Baths

1

Sqft

Year

1970

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

This well-maintained 3-bedroom, 1-bathroom multifamily unit presents an excellent investment opportunity, currently generating $2,400 per month in rental income WITH TENANTS INCLUDED. Priced attractively below market value, this property offers strong cash flow potential for both new and seasoned investors. Located in a quiet, family-friendly neighborhood, the unit provides a comfortable living environment that appeals to long-term tenants. Its convenient proximity to public transportation ensures easy commuting, adding to its rental desirability and consistent occupancy. (id:65958)

Subtype
Single Family
Living area
1,027 square feet
Lot dimensions
0
Parking
1 total
Condo/HOA fee
$629.74 monthly
On market
Apr 8, 2026
Status changed
Apr 14, 2026
Annual tax
$0 (2025)
Photos
14
MLS#
R3108446
Area
BURNABY

Features and systems

Appliances

RefrigeratorDishwasherStove

Heating

Natural gasHot Water

Lot

Central location

Community

Pets not Allowed
Negative cash flow ~$447/mo at these assumptions

Cash on cash

-6.70%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,870

Financing

Down payment$80,000
Loan amount$320,000
Mortgage$1,963/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$120

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 Burnaby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,963/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 14, 2026.

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