$1,649,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Welcome to this spacious two-storey home situated on a large 7,500 sq.ft. lot in a desirable area! This property features 3 bedrooms and 2 full bathrooms upstairs, plus 3 separate rental suites—a 2-bedroom suite, a studio, and a 3-bedroom/2-bath suite—generating an impressive $7,950/month in rental income (Main House $2,500, 2-Bed $1,800, Studio $850, 3-Bed $2,800). An excellent revenue-generating investment property for investors or families seeking mortgage help. Zoned R3, offering future development potential—check with the City of Surrey for full details and due diligence. Conveniently located near schools, shopping, and transit. Don’t miss this opportunity to own a high-income property with strong upside potential!
Property Details
MLS #
R3061924
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Basement Entry
Ownership
Freehold NonStrata
Zoning
R3
Bedrooms
8
Full Baths
6
Half Baths
0
Kitchens
3
Fireplaces
0
Living Area
3,700 sqft
Main Floor
1,350 sqft
Basement
Yes
Lot Size
7,500 sqft
Lot Dimensions
60 x
Frontage
60
Year Built
1977
Age
48 years
Roof
Asphalt
Construction
Log, Stucco, Vinyl Siding, Wood Siding
Structure
Residential Detached
Parking Stalls
7
Parking Type
Additional Parking
Original Price
$1,649,000
Taxes
$6,373.07/yr
Listed
2025-10-29
MLS Area
Queen Mary Park Surrey
City
Surrey
Postal Code
V3V 5P6
Features & Finishes
Heating
Forced Air
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Laundry
In Unit
Patio / Porch
Sundeck
Exterior Features
Private Yard
Building & Community
Schools
3 Min Drive
Lot Features
Central Location
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.169062, -122.857250 · Map data © Google
Good Value
Deal Score out of 10
Priced competitively with some negotiation potential.
Offer Advisor
High confidenceSuggested Offer
$1,557,474
5.6% below asking price
Negotiation Range
$1,516,249 – $1,582,209
$65,960 spread
Based on 42 recent sales, a starting offer around $1,557,474 (5.6% below ask) is reasonable. Your negotiation range is $1,516,249 – $1,582,209.
What's factored in
Based on 42 residential sales in Surrey (last 60 days) · Updated May 4
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