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Investment signal

$509,000

2962 Almartin Pl

Beds

3

Baths

2

Sqft

Year

1978

Location

See the block, not just the house.

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About this home

COURT ORDER SALE. Strata Duplex with large fenced yard. Located at the end of a cul de sac in a quiet area. Unique design. Main floor has Living Room with fireplace, Dining room, Kitchen, laundry and a 2 piece bathroom. Upper lever has 3 bedrooms and a 4 piece bathroom (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Hatley Park
Common interest
Condo/Strata
Living area
1,219 square feet
Parking
1 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Mar 24, 2026
Status changed
Apr 16, 2026
Annual tax
$2,778.59
Zoning
Residential
Photos
18
MLS#
1029540
Area
COLWOOD

Features and systems

Parking

Stall

Heating

Baseboard heatersElectric

Cooling

None

Community

Family OrientedPets Allowed With Restrictions
Negative cash flow ~$1,025/mo at these assumptions

Cash on cash

-12.08%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,629

Financing

Down payment$101,800
Loan amount$407,200
Mortgage$2,498/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$233
Insurance$80
Maintenance$424
CapEx reserve$212
Vacancy loss$128

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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Colwood. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,498/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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