$1,248,300
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Exceptional investment opportunity in Surrey! This property boasts 6 units with a potential monthly rental income of over $12,000-$13,000. Upstairs, two spacious units feature 3 beds and 3 baths each, while the downstairs units include a 3-bed/1-bath, a 2-bed/1-bath, and two 1-bed/1-bath suites. This property is located within a frequent bus stop area providing great development opportunity. Strategically situated near transit, schools, shopping, and major routes, this property offers significant development potential, making it perfect for savvy investors looking to secure a high-potential asset in a sought-after location. OPEN HOUSE April 26th, 2026, Sunday from 2:00PM - 4:00 PM
Property Details
MLS #
R3014712
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Basement Entry
Ownership
Freehold NonStrata
Zoning
SFD
Bedrooms
13
Full Baths
5
Half Baths
3
Kitchens
6
Fireplaces
0
Living Area
5,500 sqft
Main Floor
2,800 sqft
Basement
2,700 sqft fin.
Lot Size
7,438 sqft
Lot Dimensions
60 x 124
Frontage
60
Year Built
1956
Age
70 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior), Vinyl Siding
Structure
Residential Detached
Parking Stalls
4
Parking Type
Additional Parking
Original Price
$1,675,000
Taxes
$10,418.64/yr
Listed
2025-06-11
MLS Area
Queen Mary Park Surrey
City
Surrey
Postal Code
V3W 3H2
Subdivision
Newton-Bear Creek Area
Features & Finishes
Heating
Baseboard · Electric · Hot Water
Patio / Porch
Patio
Building & Community
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Disclosures
Property Disclosure
No
Location
Open in Google MapsCoordinates: 49.155239, -122.847514 · Map data © Google
Hot Deal
Deal Score out of 10
Strong value relative to the market with clear seller motivation signals.
Offer Advisor
High confidenceSuggested Offer
$1,171,501
6.2% below asking price
Negotiation Range
$1,140,294 – $1,190,226
$49,932 spread
Based on 42 recent sales, a starting offer around $1,171,501 (6.2% below ask) is reasonable. Your negotiation range is $1,140,294 – $1,190,226.
What's factored in
Based on 42 residential sales in Surrey (last 60 days) · Updated May 4
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