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Investment signal

$649,000

716/718 HILLCREST ROAD

Beds

2

Baths

2

Sqft

Year

1959

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Discover a prime investment opportunity in the heart of Gibsons. This side-by-side duplex offers versatility & steady income, currently generating $3,450 per month. Dual Income Potential: Each unit is a 1-bedroom suite, with one featuring its own laundry facilities. Flexible Living Options: Live in one unit & rent out the other, continue with long-term tenants, or explore vacation rental possibilities. South-facing with a small ocean view, parking for four vehicles + a large partially fenced backyard with simple landscaping. Conveniently located, this one-story duplex is larger than it appears and offers a prime location. Great month-to-month tenants. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Common interest
Freehold
Living area
1,134 square feet
Lot size
7,169 square feet
Lot dimensions
7169
Parking
4 total
Fireplace
1
On market
Jan 30, 2026
Status changed
Apr 13, 2026
Annual tax
$3,056.92 (2023)
Photos
30
MLS#
R3084914
Area
GIBSONS

Features and systems

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Baseboard heatersElectricNatural gas

Lot

Central location

View

View
Negative cash flow ~$1,286/mo at these assumptions

Cash on cash

-11.89%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,604

Financing

Down payment$129,800
Loan amount$519,200
Mortgage$3,185/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$297
Insurance$80
Maintenance$541
CapEx reserve$270
Vacancy loss$163

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Gibsons. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,185/mo at 5.49% with 20% down, 25-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.

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