No photos available
New buildInvestment signal

$2,550,000

1846 E 37TH AVENUE

Beds

8

Baths

8

Sqft

Year

2025

About this home

This beautifully designed, brand-new residence offers modern living in one of Victoria's most desirable neighborhoods. Backing directly onto Jones Park, this home provides a perfect blend of comfort, style, and convenience. The main house features 3 spacious bedrooms upstairs, Open-concept kitchen and living area with 9´ ceilings on both levels, AC and radiant floor heating throughout, a large private balcony with park views, a legal 2-bedroom suite, plus potential for an additional 1-bedroom suite - ideal for rental income or extended family. The laneway house includes 3 bedrooms with 9´ ceilings throughout, AC &1-car carport. Located just minutes from shops, restaurants, transit, and schools, this property is perfect for families with helpers. Showings by appointment with 48 hour notice. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
3,316.5 square feet
MLS#
R3108699
Area
VANCOUVER
Negative cash flow ~$4,839/mo at these assumptions

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$17,844

Financing

Down payment$510,000
Loan amount$2,040,000
Mortgage$12,515/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,169
Insurance$80
Maintenance$2,125
CapEx reserve$1,063
Vacancy loss$638

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 $12,515/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 19, 2026.

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