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Investment signal

$1,799,000

38611 OLD YALE ROAD

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Beds

Baths

Sqft

—

Year

1948

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 Abbotsford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome home to the community of Arnold. This 2 plus acre property features 2 homes and is perfect for multi family living. The main home features 3 bedrooms and 2 full bathrooms in a 2-storey design. This home has been tastefully renovated over the years, featuring a country kitchen and wrap around balcony. The second home is a 3 bedroom plus office, 3 full bathroom manufactured home with an attached double garage and second storey living space. The manufactured home is accessible including the 2nd floor and has been recently renovated. There is additional parking and storage in the quonset. Located in a quiet and peaceful community of small acreages yet minutes to amenities. Check out the video and photo tours, floorplans, and call today! (id:65958)

Subtype: Single Family
Architectural style: Other, 2 Level
Structure: House
Common interest: Freehold
Living area: 1,480 square feet
Lot size: 2.03 acres
Lot dimensions: 2.03
Parking: 3 total
On market: Apr 17, 2026
Status changed: Apr 20, 2026
Annual tax: $2,530.94 (2025)
Photos: 40
MLS#: R3112575
Area: ABBOTSFORD

Features and systems

Parking

GarageGarageOpen

Basement

FinishedCrawl spaceUnknown

Appliances

WasherRefrigeratorDishwasherStoveRangeDryerMicrowaveOven - Built-In

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,896/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

-6.32%

Cap rate

3.60%

GRM

16.7

Break-even rent

$10,995

Financing

Down payment$359,800

Loan amount$1,439,200

Mortgage$7,292/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825

Insurance$80

Maintenance$1,499

CapEx reserve$750

Vacancy loss$450

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 $7,292/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 20, 2026.