Investment signal

$629,000

1204 813 AGNES STREET

Beds

2

Baths

2

Sqft

Year

2006

About this home

Welcome to The News. This 12th floor 2 bed + 2 full bath suite. Rare opportunity for upper floor NE facing view & cool in summer time with morning sun especially designed corner with privacy unit out of sight into each other. Fully renovated with laminate flooring, new fresh painting. Features: in-suite laundry, laminate flooring, granite counters, stainless steel appliances and views of the city, mountains, and river. There is built in computer desk and no wasted space. With a fitness room in the building and being 1 block from the skytrain/Safeway/theatre/shopping in vibrant downtown New West, life is very convenient. 1 parking, 1 locker. Bring dog or cat. If you're looking for an easy investment opportunity. (id:65958)

Subtype
Single Family
MLS#
R3111783
Area
NEW_WESTMINSTER
Negative cash flow ~$1,249/mo at these assumptions

Cash on cash

-11.92%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,465

Financing

Down payment$125,800
Loan amount$503,200
Mortgage$3,087/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$288
Insurance$80
Maintenance$524
CapEx reserve$262
Vacancy loss$158

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 $3,087/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 16, 2026.

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