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Investment signal

$3,090,000

939 E 26TH AVENUE

Beds

13

Baths

7

Sqft

Year

1998

About this home

Investment opportunity in Vancouver's desirable Fraser area. Situated on a rare 6,400 sq.ft.lot (one of only a few wider and longer parcels on the block), this well-maintained 1998-built home offers strong holding income and future upside. The property features 13 bedrooms and 7 bathrooms, including two self-contained basement suites (1-bed + 2-bed) with separate entrances. Fully tenanted with stable rental income. Approved laneway house plans (~1,600 sq.ft.) provide potential for additional rental units. Ideal for investors seeking cash flow and long-term growth. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
6,401 square feet
MLS#
R3112436
Area
VANCOUVER
Negative cash flow ~$5,847/mo at these assumptions

Cash on cash

-11.35%

Cap rate

3.62%

GRM

16.7

Break-even rent

$21,604

Financing

Down payment$618,000
Loan amount$2,472,000
Mortgage$15,165/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,416
Insurance$80
Maintenance$2,575
CapEx reserve$1,288
Vacancy loss$773

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 $15,165/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 17, 2026.

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