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Investment signal

$1,638,000

712 E 57 AVENUE

Save this home

Beds

5

Baths

2

Sqft

Year

1951

Type

Single Family

Suite

Investment signal

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

Welcome to 712 East 57th Avenue, Vancouver! This charming home offers three spacious bedrooms and two bathrooms on the top floor, perfect for comfortable family living. The fully renovated basement includes two additional bedrooms and a modern bathroom, adding significant value. With brand new hot water tank and furnace, this property is move-in ready. For Builders and Developers: This property sits on a generous lot, offering excellent redevelopment potential. Whether you're looking to renovate and expand or build something entirely new, the possibilities are endless. Prime location in Vancouver makes it a sought-after spot for future development. Don´t miss this incredible investment opportunity! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,132 square feet
Lot size
4,060 square feet
Lot dimensions
4060
Parking
1 total
On market
Oct 7, 2025
Status changed
Apr 22, 2026
Annual tax
$8,684 (2025)
Photos
7
MLS#
R3055970
Area
VANCOUVER

Features and systems

Parking

Detached Garage

Basement

FinishedUnknownUnknown

Heating

Forced airNatural gas

Lot

Central location
Negative cash flow ~$1,728/mo at these assumptions

Cash on cash

-6.33%

Cap rate

3.60%

GRM

16.6

Break-even rent

$10,019

Financing

Down payment$327,600
Loan amount$1,310,400
Mortgage$6,640/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$751
Insurance$80
Maintenance$1,365
CapEx reserve$683
Vacancy loss$410

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 $6,640/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 22, 2026.

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