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Investment signal

$2,199,000

707 E 63RD AVENUE

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Beds

Baths

Sqft

—

Year

1995

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

Great Investment opportunity with an upgraded corner-lot home in East Van! This spacious 8-bed 5-bath house sits on a 4,395 sqft lot, features 3 self-contained rental suites & Airbnb upstairs, offering excellent mortgage helpers with great rental income. In 2024, the home was upgraded with over $100k with new stainless steel appliances, laminated flooring, a high-efficiency on-demand hot water system, radiant heating ensuring comfort thru out the house. Ideal for families and investors, this 3-sided property with back lane access, provides flexibility, modern living and high income potential in one of Vancouver East best neighbourhood. Centrally located, near amenities, transit, and mins from YVR , it's a move-in-ready investment you don´t want to miss! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 3,333 square feet
Lot size: 4,395 square feet
Lot dimensions: 4395
Parking: 2 total
On market: Apr 16, 2026
Status changed: Apr 20, 2026
Annual tax: $9,231.21 (2025)
Photos: 37
MLS#: R3112489
Area: VANCOUVER

Features and systems

Basement

FinishedSeparate entranceUnknown

Appliances

All

Heating

Baseboard heatersRadiant heat

Lot

Central location

View

Negative cash flow ~$2,300/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

$13,421

Financing

Down payment$439,800

Loan amount$1,759,200

Mortgage$8,914/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,008

Insurance$80

Maintenance$1,833

CapEx reserve$916

Vacancy loss$550

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 $8,914/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 20, 2026.