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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Basement Entry, Two Levels
Ownership:
Freehold NonStrata
Year built:
1956
(Age: 69)
Living Area:
2,740 sq. ft.255 m2
Building Area - Total:
2,740 sq. ft.255 m2
Levels:
Two
Bedrooms:
13
(Above Grd: 6)
Bathrooms:
8.0
(Full:5/Half:3)
Taxes:
$10,418.64 /
2024
Lot Area:
7,438 sq. ft.691 m2
Lot Frontage:
60'18.3 m
Lot Details:
60 x 124
Plan:
83423
Name of Complex/Subdivision:
Newton-Bear Creek Area
Construction Materials:
Frame Wood, Mixed (Exterior), Vinyl Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
2,740 sq. ft.255 m2
Floor Area Fin - Total:
2,740 sq. ft.255 m2
Fireplaces:
0
Patio And Porch Features:
Patio
Parking Features:
Additional Parking
Parking:
Additional Parking
Parking Total/Covered:
4 / -
Exterior Entry
6
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Data was last updated June 16, 2025 at 06:40 AM (UTC)
Area Statistics
Listings on market:
215
Avg list price:
$799,999
Min list price:
$115,000
Max list price:
$7,998,000
Avg days on market:
58
Min days on market:
3
Max days on market:
469
Avg price per sq.ft.:
$615.38
These statistics are generated based on the current listing's property type
and located in
Queen Mary Park Surrey. Average values are
derived using median calculations.