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Investment signal

$464,000

486 SIMILKAMEEN Avenue

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Beds

Baths

Sqft

—

Year

2012

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

About this home

Great turn-key home or investment opportunity. Well laid out with ample living space and a functional floor plan that suits a variety of buyers. The spacious primary bedroom features a large walk-in closet and private ensuite, adding comfort and convenience. The fully fenced backyard is ideal for kids or pets and includes a garden box and storage shed. Enjoy outdoor living on the patio with sunshade—perfect for relaxing or entertaining. Backing directly onto the KVR Trail, you’ll have easy access to walking and outdoor recreation right from your yard. A move-in ready property with strong appeal for both homeowners and investors. (id:65958)

Subtype: Single Family
Architectural style: Ranch, Multi-level, Contemporary
Structure: Duplex
Community: Princeton
Common interest: Condo/Strata
Living area: 1,155 square feet
Lot size: 0.1 acres
Lot dimensions: 0.1
Parking: 3 total
Condo/HOA fee: $0 monthly
Stories: 1
On market: Apr 25, 2026
Status changed: Apr 27, 2026
Annual tax: $2,315
Photos: 15
MLS#: 10384886
Area: PRINCETON

Features and systems

Parking

Attached GarageStreet

Appliances

WasherRefrigeratorDishwasherRangeDryer

Heating

Forced airSee remarks

Exterior

Vinyl siding

Roof

Asphalt shingleUnknown

Lot

Level lot

Community

Pets Allowed

Negative cash flow ~$545/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

-7.04%

Cap rate

3.46%

GRM

16.6

Break-even rent

$2,898

Financing

Down payment$92,800

Loan amount$371,200

Mortgage$1,881/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$213

Insurance$80

Maintenance$387

CapEx reserve$193

Vacancy loss$116

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 $1,881/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 27, 2026.