423-425 E 2ND STREET is a 2-unit duplex in North Vancouver, BC, asking $2,199,000 — $1,099,500 per door.
At 2 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.
Asking price
$2,199,000
Units
2 units
Property type
Duplex
Location
North Vancouver, BC
Price per door
$1,099,500
The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.
OverviewNumbersVerdictFinancingEvidenceScenarios
Verdict
Debt coverage
Cash to close
Market fit
The underwrite opens with a free account
Score, offer range, DSCR and the verdict for this building. The asking price and photos stay public.