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Investment signal

$2,148,800

6664 CHARLES STREET

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Beds

Baths

Sqft

—

Year

1956

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

About this home

Immaculate 3 bdrm, 2 bath bungalow w/full bsmt on 66x121 lot w/lane access, on quiet street in prime location. Check w/City on multiple DEV options. Subdivide? Build Multifamily? Buy & Hold? Home is in mint "Time Capsule" condition. Main floor has 2 bdrms, main 4pc bath, kitchen w/eating area & access to huge fenced backyard, w/lane access. Large dining & living room w/wood f/p. Carpeting & hardwood (likely throughout) on main. Bsmt area w/bdrm, 3pc bath, workshop, laundry/utility room & large rec room w/wood f/p. Access off rear of bsmt out to large covered carport, storage area/garden shed & enormous South facing backyard w/lane. Rare find w/66' South exposed lot w/lane access. View of Mt Seymour from the front. Roof approx 8 years, hot water tank 2025. Fantastic opportunity!! (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Common interest: Freehold
Living area: 2,246 square feet
Lot size: 8,001 square feet
Lot dimensions: 8001
Parking: 6 total
Fireplace: 2
On market: Apr 21, 2026
Status changed: Apr 27, 2026
Annual tax: $7,324.61 (2025)
Photos: 33
MLS#: R3113862
Area: BURNABY

Features and systems

Parking

CarportRV

Basement

Partially finishedFullSeparate entrance

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Forced airNatural gas

Lot

Central locationPrivate setting

View

Negative cash flow ~$2,248/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

-6.28%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,117

Financing

Down payment$429,760

Loan amount$1,719,040

Mortgage$8,710/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$985

Insurance$80

Maintenance$1,791

CapEx reserve$895

Vacancy loss$538

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 $8,710/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.