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Investment signal

$399,000

4865 Burde St

Beds

3

Baths

2

Sqft

Year

1952

About this home

A refreshed charmer! Great home for first time home buyers who want a mortgage helper or investors! The main level features an open-concept living room with updated flooring, a bright refreshed kitchen, a large primary bedroom, a second bedroom, a renovated 4-piece bathroom, and a laundry room that leads to the back deck and new stairs. Upgrades include a new hot water tank, new furnace, fresh paint throughout, updated flooring, updated kitchen and bathroom fixtures, and a fully repainted exterior envelope. The spacious 1-bedroom basement suite has its own private entrance and separate laundry, and has received similar cosmetic upgrades. It offers a large living room, clean kitchen, renovated 4-piece bathroom, and comfortable bedroom—ideal for rental income or extended family. The yard is fenced, the home is on natural gas heat, and you’re steps to nearby amenities, shops, and services. Check out the photos, virtual tour, floorplan and book your private showing! (id:65958)

Subtype
Single Family
Lot size
4,840 square feet
MLS#
1032304
Area
PORT_ALBERNI
Negative cash flow ~$440/mo at these assumptions

Cash on cash

-6.61%

Cap rate

4.57%

GRM

13.9

Break-even rent

$2,863

Financing

Down payment$79,800
Loan amount$319,200
Mortgage$1,958/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$166
Vacancy loss$120

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 $1,958/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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