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New buildInvestment signal

$1,499,800

5481 7 AVENUE

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Beds

Baths

Sqft

—

Year

2026

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

About this home

Brand new half duplex with a detached garden suite! Expertly designed and built with superior craftsmanship, this spacious home offers 4 bedrooms plus a loft with an office and extra living area-perfect for today´s modern family lifestyle. The bright, open-concept main floor features a stunning kitchen with premium finishes, large living and dining spaces, and seamless access to your private yard. Upstairs, enjoy a luxurious primary suite complete with a walk-in closet and a spa-inspired ensuite. The property also includes a double garage, generous driveway, and a self-contained 1-bedroom garden suite-ideal for extended family or rental income. Nestled in a quiet, family-friendly neighbourhood close to schools, parks, and shopping. Call us now to book your private showing! (id:65958)

Subtype: Single Family
Structure: Duplex
Common interest: Condo/Strata
Living area: 2,841 square feet
Lot size: 4,235 square feet
Lot dimensions: 4235
Parking: 6 total
Condo/HOA fee: $0 monthly
On market: Feb 19, 2026
Status changed: Apr 13, 2026
Annual tax: $0 (2025)
Photos: 38
MLS#: R3091126
Area: DELTA

Features and systems

Parking

Garage

Basement

FinishedUnknownUnknown

Appliances

All

Heating

Forced airNatural gas

Cooling

Air Conditioned

Lot

Central locationPrivate settingWheelchair access

Security

Smoke Detectors

Negative cash flow ~$1,597/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

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,181

Financing

Down payment$299,960

Loan amount$1,199,840

Mortgage$6,079/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687

Insurance$80

Maintenance$1,250

CapEx reserve$625

Vacancy loss$375

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 $6,079/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 13, 2026.