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Investment signal

$1,289,000

934-938 CLARKE ROAD

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Beds

4

Baths

3

Sqft

Year

1956

Type

Single Family

Suite

Non-conforming suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Moody. 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, revenue, holding property with long term tenants and future development. Three self contained legal non conforming suites for rental. Separate electric/gas meters for all units. Total rental income $4,000 approx./month. Electric upgraded to 200 amp. Lots of open parkings in front of house, backing onto ravine. Close to highway, shopping and schools. No open house. Feel free to drive-by and walk around the house prior to showing request. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,180 square feet
Lot size
8,364 square feet
Lot dimensions
8364
Parking
6 total
On market
Apr 16, 2025
Status changed
Apr 29, 2026
Annual tax
$4,464.49 (2024)
Photos
20
MLS#
R2991373
Area
PORT_MOODY

Features and systems

Parking

Carport

Basement

FinishedSeparate entranceUnknown

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Electric

Lot

Central location
Negative cash flow ~$1,379/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,902

Financing

Down payment$257,800
Loan amount$1,031,200
Mortgage$5,225/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$591
Insurance$80
Maintenance$1,074
CapEx reserve$537
Vacancy loss$323

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.

Location nearby

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

Mortgage estimate

Estimated $5,225/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 29, 2026.

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