About This Property
Best Price! Rare opportunity on a nearly 8,000 sq. ft. lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main level, plus a 1-bedroom suite below. Currently generating $4,100/month in rental income ($2,500 upper / $1,600 lower, month-to-month), making it an excellent holding property with immediate cash flow. Spacious backyard with a large deck and strong duplex or redevelopment potential (buyer to verify with the City). Conveniently located close to schools, parks, and transit. Ideal for investors or families seeking future growth. (id:64973)
At $479 per square foot, this Surrey property is priced competitively compared to the local market average of $545 per square foot, making it an attractive option for investors seeking immediate cash flow. With a 4.9% gross rental yield, this home is well-suited for buy-and-hold investors looking to capitalize on the demand for rental properties in the desirable Surrey area.
Property Details
Location
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