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Foreclosure signalInvestment signal

$4,750,000

2 3838 CYPRESS STREET

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Beds

Baths

Sqft

—

Year

1912

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

Greencroft Estate - A rare opportunity to acquire one of Vancouver's most significant historic & architectural estates. Built in 1912 & designed by architect Thomas Hooper, this 'Heritage A' masterpiece was first home to Lt. Governor Eric Hamber. Blends Tudor & Gothic Revival with Arts & Crafts detailing; ft. oak floors, oak panelled elevator (Unit 1), stained glass & tapered port cochere columns. Restored & updated in 2003, this ~11,500SF residence is stratified into a side-by-side duplex with optional internal connectivity offering total 9 bdrms, 13 baths, 3 kitchens & underground parkade fitting ~6 cars in the heart of prestigious First Shaughnessy. Listing price/SF is for Unit 2 ONLY, (Unit 1 MLS R3096381). COURT ORDERED SALE. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Condo/Strata
Living area: 9,971 square feet
Lot size: 1.1 acres
Lot dimensions: 1.1
Parking: 6 total
Condo/HOA fee: $0 monthly
Fireplace: 5
On market: Mar 5, 2026
Status changed: Apr 21, 2026
Annual tax: $52,041.3 (2025)
Photos: 40
MLS#: R3096379
Area: VANCOUVER

Features and systems

Parking

Underground

Basement

Partially finishedUnknownUnknown

Appliances

Central Vacuum

Heating

Natural gasHot Water

Lot

Central locationPrivate settingWet barElevatorGated community

Community

Pets Allowed With RestrictionsRentals Allowed With Restrictions

Security

Security systemSmoke Detectors

Negative cash flow ~$4,886/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

-6.17%

Cap rate

3.63%

GRM

16.7

Break-even rent

$28,893

Financing

Down payment$950,000

Loan amount$3,800,000

Mortgage$19,254/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,177

Insurance$80

Maintenance$3,958

CapEx reserve$1,979

Vacancy loss$1,188

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 $19,254/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 21, 2026.