$1,299,000
228 PEMBINA STREET
Beds
5
Baths
2
Sqft
—
Year
1966
About this home
Tastefully renovated 5-bedroom family home with a 2-bedroom mortgage helper in the heart of Queensborough. Thoughtfully upgraded and featuring a functional floor plan, this move-in-ready property is ideal for families or buyers looking to offset their mortgage with rental income. The self-contained 2-bedroom suite offers excellent flexibility for extended family or added revenue. Conveniently located just minutes to Queensborough Landing, schools, parks, transit, and highway access. A well-updated home in a central location, priced very well for today's market. Let me know if you'd like more details or to schedule a private showing. (id:65958)
- Subtype
- Single Family
- Architectural style
- Basement entry
- Lot size
- 6,515 square feet
- MLS#
- R3110038
- Area
- NEW_WESTMINSTER
Cash on cash
-11.55%
Cap rate
3.58%
GRM
16.7
Break-even rent
$9,131
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.