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Investment signal

$1,399,000

6418 137A STREET

Beds

8

Baths

6

Sqft

Year

2008

About this home

8 BEDROOMS | 6 BATHROOMS | GREAT RENTAL INCOME POTENTIAL! Discover this stunning custom-built home tucked away in a quiet cul-de-sac in a prime LOCATION, perfectly designed for luxurious family living and strong cash flow. The upper level offers four spacious bedrooms, including two with private ensuites. The main level features high ceilings, rich wood kitchen finishes, crown mouldings, two fireplaces, and a versatile bedroom ideal for a home office or guest space. The living and dining areas provide excellent space for entertaining and family gatherings. Downstairs, a 3-bedroom basement suite offers outstanding mortgage-helper income, making this home perfect for investors or multi-generational families. Enjoy a large, sunny south-facing backyard. Open House Sunday April 19th from 2-4PM. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
4,482 square feet
MLS#
R3111351
Area
SURREY
Negative cash flow ~$2,686/mo at these assumptions

Cash on cash

-11.52%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,828

Financing

Down payment$279,800
Loan amount$1,119,200
Mortgage$6,866/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
CapEx reserve$583
Vacancy loss$350

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 $6,866/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 19, 2026.

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