7 bed
8 bath
3,955 sqft
Single Family Residence
Built in 2013
6,699 sqft lot
Freehold NonStrata
RES zone
Public remarks
ATTENTION INVESTORS ! Central location in the heart of QUEEN MARY PARK ! Don't miss this opportunity to own an amazing DEVELOPMENT potential property in Surrey ! Situated on 88 AVENUE this property boasts excellent EXPOSURE and is located just steps from a major COMMERCIAL shopping plaza and across the street from an INDUSTRIAL zone. This stunning property features a generous 3955 square feet of beautifully designed living space across two floors, boasting 7 spacious bedrooms and 8 bathrooms. Mortgage Helpers - 2+1 rental suites and a studio unit with great income potential. Ideally located close to schools, public transit, shopping and all other amenities. Call today to secure this lucrative investment opportunity!
Private remarks
Professionally measured by Cotala Cross Media - Measurements are approximate and should be verified by buyer or buyer's agent if important. Property contains unauthorized accommodation. 2 bedroom suite rented to long term tenants for $2000 month to month. Studio office space rented for $800 month to month. 1 bedroom suite is being used by owners. Vacant possession possible. Please verify with City for all development potential.
Buyer agency compensation
3.22% on the 1st $100,000.00 & 1.15% on the remainder
$2,549,999 ($644/sqft)
Active
Listed
03/07/2025
Expiry date
Original price
Gross taxes (2024)
$7,981.33
Property transfer tax
$54,499.97
Last Updated: 03/18/2025 10:53 AM
Courtesy of Royal LePage West Real Estate Services
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
12617 88 Avenue | R2975383 | 03/18/2025 10:53 AM | 03/07/2025 | Active | $2,549,999 | Login to view | Parm Dhesi - PREC | Royal LePage West Real Estate Services |
12617 88 Avenue | R2957683 | 03/07/2025 10:09 AM | 01/20/2025 | Terminated | $2,799,999 | Login to view | Royal LePage West Real Estate Services |