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Investment signal

$356,000

118 7694 EVANS ROAD, Sardis West Vedder

Beds

2

Baths

2

Sqft

Year

1993

About this home

Discover this beautiful, renovated 2-bedroom, 2-bathroom condo on ground level, boasting private entrance. Updates include new flooring, paint, modern lighting, and an upgraded kitchen with white shaker cabinets, stylish counters, and stainless steel appliances. Enjoy a spacious living room with a natural gas fireplace. The master bedroom features dual closets and a private ensuite. Convenient parking just outside the door. Ideal for a move-in ready home and a smart investment opportunity with rental options. Book your showing today! (id:65958)

Subtype
Single Family
MLS#
R3110352
Area
CHILLIWACK
Negative cash flow ~$630/mo at these assumptions

Cash on cash

-10.62%

Cap rate

3.76%

GRM

15.6

Break-even rent

$2,564

Financing

Down payment$71,200
Loan amount$284,800
Mortgage$1,747/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$163
Insurance$80
Maintenance$297
CapEx reserve$148
Vacancy loss$95

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 $1,747/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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