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Investment signal

$1,249,000

9162 119A STREET

Beds

6

Baths

3

Sqft

Year

1969

About this home

Discover the perfect balance of comfortable family living and smart investment. This North Delta gem is exactly what first-time buyers and savvy investors have been waiting for. This beautifully maintained 6-bedroom, 3-bathroom home is designed to work as hard as you do, featuring a fully self-contained 2-bedroom suite with a separate entrance that generates rental income.The bright and spacious main floor offers an updated kitchen, a welcoming living room, and a generous covered sundeck.The fully fenced backyard provides a safe, private outdoor space. Positioned steps from Scott Road, transit hubs, shopping and schools. LAND USE Designation- SCOTT ROAD CORRIDOR/ SSMH Zoning. (id:65958)

Subtype
Single Family
Architectural style
Other
Lot size
6,006 square feet
MLS#
R3109452
Area
DELTA
Negative cash flow ~$2,406/mo at these assumptions

Cash on cash

-11.56%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,783

Financing

Down payment$249,800
Loan amount$999,200
Mortgage$6,130/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$572
Insurance$80
Maintenance$1,041
CapEx reserve$520
Vacancy loss$313

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 $6,130/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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