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Investment signal

$1,739,000

3090 KITCHENER STREET

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Beds

Baths

Sqft

—

Year

1941

Type

Single Family

Suite

Investment signal

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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

BUILDER / INVESTOR ALERT - PRIME 40 x 127 LOT (5,080 SQ FT) Exceptional opportunity in sought-after East Vancouver on a flat, full-size 40´ x 127´ lot with lane access - a rare and highly desirable lot and home. Outstanding flexibility for redevelopment, including potential for multi-unit housing, duplex, or multiplex configurations (buyer to verify with City of Vancouver). Located on a quiet, tree-lined street, this property is ideal for builders looking for a clean, straightforward project - no oil tank and a level lot close to The existing home is livable and rentable, Steps to parks including Clinton Park and nearby green spaces. Minutes to Commercial Drive, East Village, shops, and restaurants! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,124 square feet
Lot size: 5,080 square feet
Lot dimensions: 5080
Parking: 1 total
Fireplace: 1
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $8,587.49 (2025)
Photos: 32
MLS#: R3115564
Area: VANCOUVER

Features and systems

Parking

Garage

Basement

FinishedUnknownUnknown

Appliances

All

Heating

Forced air

Negative cash flow ~$1,835/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.33%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,631

Financing

Down payment$347,800

Loan amount$1,391,200

Mortgage$7,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$797

Insurance$80

Maintenance$1,449

CapEx reserve$725

Vacancy loss$435

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 $7,049/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.