7 bed
4 bath
2,425 sqft
Single Family Residence
Built in 1956
8,835 sqft lot
6 parking
Freehold NonStrata
R3 zone
Public remarks
Investors/builders - ALERT!!! House on 8,835 sqft lot in a prime Surrey location with huge development potential—ideal for a 4-PLEX or 6-PLEX (verify with City of Surrey). The existing home includes 3 beds/2 baths upstairs, plus (3+1)-bed suites with an additional room perfect for an office or extra rental space downstairs. Property is located in a high walk score and high transit score area, with frequent bus service nearby. Perfect opportunity for investors or developers looking for strong holding income and future redevelopment upside.Very good location close to school, shopping and transportation. Call today to book a showing! ***Potential to generate up to $6,500/month in rental income***
Private remarks
Home is Professionally Measured by AFIVE Elite Realty Media. All Age/measurements are from city website/BC Assessment however, they are approximate only & Buyer or Buyer's agent to verify, if deemed imp before S/R or Writing an offer. All MLS data are deemed to be correct but not guaranteed. Property contains accommodation which is not authorized.
Buyer agency compensation
3.25% on first 100k & 1.15% on the remaining balance
$1,499,000 ($618/sqft)
Active
Listed
06/02/2025
Expiry date
Original price
Gross taxes (2024)
$6,126.10
Property transfer tax
$27,980.00
Last Updated: 06/02/2025 10:30 AM
Courtesy of Nationwide Realty Corp.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 12841 98 Avenue | R3009598 | 06/02/2025 10:30 AM | 06/02/2025 | Active | $1,499,000 | Login to view | Bob Rana PREC* | Nationwide Realty Corp. |