For Sale · Multifamily

10151 ROSEDENE CRESCENT, Richmond

10151 ROSEDENE CRESCENT, Richmond, BC V7A2P6

$2.0M total

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

99%

Year Built

1969

Lot Size

0.2315426997245179 ac

About this property

Rare non-strata side-by-side duplex in a prime Richmond location! Backing onto newly renovated William Bridge Immersion greenspace, this versatile property offers perfect flexibility for revenue generation or multi-generational living. Each unit features: private west-facing backyards, 4 beds + 2 baths, and spacious family, recreation, living, and dining rooms. One side has been tastefully updated with new flooring and appliances. The other side is spotlessly upkept in mostly original condition, and move-in ready with fresh paint throughout. A short walk to South Arm community amenities, McRoberts Highschool, and Broadmoor mall for all your shopping/recreation needs. Enjoy strong income potential, room to expand, and life in one of Richmonds most sought after neighbourhoods, don´t miss it! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$85K

Annual cash flow

$-26K

Cash-on-cash

-4.31%

DSCR

0.77

Going-in cap

4.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

83,890

Households

31,263

Median income

$107,500

Median age

33.8

Daytime population

135,944

5-yr growth

2.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 10151 ROSEDENE CRESCENT, Richmond.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.