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Investment signal

$1,498,000

5463 PORTLAND STREET

Beds

5

Baths

2

Sqft

Year

1969

About this home

Spacious 5-bedroom, 2-bathroom home offering great flexibility for families or investors! The main level features 3 bedrooms and 1 full bathroom, while the lower level includes a 2-bedroom, 1-bathroom separate entrance-perfect as a mortgage helper. Functional layout with plenty of living space throughout. Ideal for extended families or those looking for rental income potential. Conveniently located close to amenities, schools, and transit. A fantastic opportunity to own a versatile home with income-generating possibilities! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
4,026 square feet
MLS#
R3111594
Area
BURNABY
Negative cash flow ~$2,866/mo at these assumptions

Cash on cash

-11.48%

Cap rate

3.59%

GRM

16.6

Break-even rent

$10,517

Financing

Down payment$299,600
Loan amount$1,198,400
Mortgage$7,352/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,248
CapEx reserve$624
Vacancy loss$375

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 $7,352/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 15, 2026.

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