Investment signal

$798,000

1460 4380 NO. 3 ROAD

Beds

Baths

Sqft

Year

1992

About this home

Prime location in Parker Place One, facing the Food Court. Spacious and functional layout. This retail store is not only in a great location but also a strong investment opportunity or ideal for your own use, offering excellent visibility, high foot traffic, and unbeatable proximity to the SkyTrain, public transit, and major Asian shopping centres along No. 3 Road. Do not miss this great opportunity. Contact the listing agent to arrange a private showing or for any questions. Don't miss this one! (id:65958)

Subtype
Retail
MLS#
C8077951
Area
RICHMOND
Negative cash flow ~$1,560/mo at these assumptions

Cash on cash

-11.73%

Cap rate

3.54%

GRM

16.6

Break-even rent

$5,642

Financing

Down payment$159,600
Loan amount$638,400
Mortgage$3,917/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$366
Insurance$80
Maintenance$665
CapEx reserve$333
Vacancy loss$200

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 $3,917/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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