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Investment signal

$774,900

817 Lakes Blvd

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Beds

Baths

Sqft

—

Year

1993

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

About this home

*St Andrews Lane - Desirable Cypress Model rancher patio home—rare duplex style with only one attached neighbour. This bright and spacious home features vaulted ceilings in both the living and family rooms, along with a cozy double-sided gas fireplace. The updated kitchen offers updated cabinetry, cambria countertops, a gas stove, and newer appliances, plus a Bosch dishwasher and motorized kitchen blind. Large windows along the west and north sides fill the home with natural light and showcase beautiful views of the pond and blooming Japanese trees. The large primary bedroom features dual walk-in closets, while the ensuite offers updated tile, a jetted tub, and newer shower doors in both bathrooms. Enjoy outdoor living with 2 private patio areas, awning, and gas hookup. A generous laundry room provides extra storage or office space. *One dog or one cat. Ideally located near Morningstar Golf Course, Wembley Mall, and French Creek Marina—perfectly positioned between Qualicum Beach and Parksville. (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: St. Andrews Lane
Common interest: Condo/Strata
Living area: 1,904 square feet
Parking: 2 total
Condo/HOA fee: $698 monthly
Fireplace: 1
On market: Mar 19, 2026
Status changed: Apr 16, 2026
Annual tax: $3,635.24
Zoning: Residential
Photos: 59
MLS#: 1029028
Area: FRENCH_CREEK

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Natural gas

Cooling

None

Lot

Central locationLevel lotPrivate settingOtherMarine Oriented

Community

Family OrientedPets Allowed

Negative cash flow ~$864/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

-6.69%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,784

Financing

Down payment$154,980

Loan amount$619,920

Mortgage$3,141/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$355

Insurance$80

Maintenance$646

CapEx reserve$323

Vacancy loss$194

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 $3,141/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 16, 2026.