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Exceptional Property

577 28TH Avenue, Vancouver

$5,750,000
4 Bedrooms
3 Bathrooms
3440 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1939

Square Footage

3440 square feet

Bedrooms

4 Bedrooms

Bathrooms

3 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

DEVELOPER'S ALERT!!! Large 7500sqft lot at Cambie and 28th Avenue. Situated on an extremely quiet and level residential area. Along the Cambie Corridor Phase 3 City Planning, this property is already rezoned for a higher density RM-8A, 1.2 FSR and three storeys townhouse. Total buildable area with the two neighbouring lots are 27000sqft. (id:39198)...

MLS Number

R2629261

Listed By

Royal Pacific Tri-Cities Realty

Last Updated

May 15, 2024, 2:34 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1939
Square Footage
3440

Interior Features

Basement
Full, Unknown, Unknown
Number of Fireplaces
1

Climate Control & Utilities

Heating System
Forced air

Additional Amenities

All

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
New
MLS# R2629261
List Date
Oct 28, 2021, 5:52 p.m.
List Price
$5,750,000
Property Type
Sale
Bedrooms
4
Bathrooms
3

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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