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Investment signal

$1,275,000

444 Stannard Ave

Save this home

Beds

5

Baths

2

Sqft

Year

1943

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Located in one of Victoria’s most coveted neighbourhoods, this Fairfield home offers a rare blend of versatility, income potential, and lifestyle. With 5 bedrooms and 2 bathrooms, the layout is well-suited for families or buyers looking to offset their mortgage with a fully self-contained 2 bedroom suite. Upstairs, the home feels bright and refreshed with updated flooring and paint, while the open living space flows seamlessly into a thoughtfully updated kitchen featuring quartz countertops and a gas range. Step outside to a sun-drenched west-facing backyard—private, usable, and perfect for entertaining or relaxing at the end of the day. The lower level provides excellent flexibility, with a separate walkout suite ideal for extended family or rental income. A detached garage adds even more potential—whether for storage, a workshop, or future ideas. All of this just steps to parks, schools, and the vibrant amenities that make Fairfield such a consistently in-demand location. (id:65958)

Subtype
Single Family
Structure
House
Community
Fairfield East
Common interest
Freehold
Living area
1,967 square feet
Lot size
6,000 square feet
Lot dimensions
6000
Parking
2 total
Fireplace
1
On market
Mar 21, 2026
Status changed
Apr 24, 2026
Annual tax
$6,768.39
Zoning
Residential
Photos
44
MLS#
1029587
Area
VICTORIA

Features and systems

Heating

Baseboard heaters

Cooling

None
Negative cash flow ~$1,370/mo at these assumptions

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,817

Financing

Down payment$255,000
Loan amount$1,020,000
Mortgage$5,168/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$584
Insurance$80
Maintenance$1,063
CapEx reserve$531
Vacancy loss$319

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 $5,168/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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