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Investment signal

$1,526,000

301 E 41ST AVENUE

Save this home

Beds

7

Baths

4

Sqft

Year

1928

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

High ROI?? Investor Alert, This Old House is a Money Tree generating rental income. Rent Only OR Live in a suite and rent the other 2 suites. 3 independent Suites, 8 Bedrooms, 3 KITCHENS, and 4 Bathrooms. In good shape and Well-Maintained. North Shore Mountain View. Excellent investment opportunity in the sought-after location of the trendy Main St., John Oliver High School catchment, 15 minutes walk away from the Oakridge Center, opening in 2026. On the direct Bus Route to Downtown, UBC, Skytrain to Downtown OR Langara College, and Richmond Centre. The proximity to Oakridge Center will increase the land value when the centre opens in 2026. You can decide to keep the Cash Cow or BUILD A NEW 4-6 UNIT APARTMENT. The lot is located on 2 corners, Excellent position to build a South-North-facing or West-facing building, your choice with the right architect. Do not miss it. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,117 square feet
Lot size
3,663 square feet
Lot dimensions
3663
Parking
1 total
On market
Mar 4, 2026
Status changed
Apr 24, 2026
Annual tax
$7,452.71 (2025)
Photos
10
MLS#
R3096028
Area
VANCOUVER

Features and systems

Parking

Detached GarageGarageRV

Appliances

AllWasherRefrigeratorStoveDryer

Heating

Baseboard heatersForced air

Lot

Central location

View

View
Negative cash flow ~$1,629/mo at these assumptions

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,340

Financing

Down payment$305,200
Loan amount$1,220,800
Mortgage$6,186/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$699
Insurance$80
Maintenance$1,272
CapEx reserve$636
Vacancy loss$381

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $6,186/mo at 4.5% with 20% down, 30-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 24, 2026.

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