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Investment signal

$2,000,000

4496 ONTARIO STREET

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Beds

Baths

Sqft

—

Year

1938

Type

Single Family

Suite

Suite potential

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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

RARE CORNER LOT | PRIME RILEY PARK / LITTLE MOUNTAIN LOCATION An exceptional opportunity to build in one of Vancouver's most sought-after neighbourhoods. This corner lot sits directly across from Nat Bailey Stadium, steps from Hillcrest Community Centre, and within a short stroll of the breathtaking Queen Elizabeth Park, a location that truly sells itself. OPTION 1 FRONT-BACK DUPLEX + DETACHED GARAGE OPTION 2 SINGLE FAMILY + SECONDARY SUITE + COACH HOUSE OPTION 3 SLAB-ON-GRADE SINGLE FAMILY + COACH HOUSE Buyer to verify with COV. Whether you're looking to build your forever home with mortgage-helper income, or maximize a multi-unit investment, this corner lot delivers the footprint, the flexibility, and the address to make it happen. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 1,400 square feet
Lot size: 3,422 square feet
Lot dimensions: 3422
On market: Apr 13, 2026
Status changed: Apr 23, 2026
Annual tax: $9,421.61 (2025)
Photos: 17
MLS#: R3110349
Area: VANCOUVER

Features and systems

Parking

Carport

Basement

FullUnknownUnknown

Heating

Baseboard heatersForced air

Lot

Central location

Negative cash flow ~$2,104/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

-6.31%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,214

Financing

Down payment$400,000

Loan amount$1,600,000

Mortgage$8,107/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$917

Insurance$80

Maintenance$1,667

CapEx reserve$833

Vacancy loss$500

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 $8,107/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 23, 2026.