12627 58th Ave, Surrey, BC V3X 2P5

$1,050,000
4
BD
3
BA
2,088
SqFt

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List Price
$1,050,000
Status
ACTIVE
MLS® #
R3175689
Year Built
1970
Subtype
Single Family Residence
Stories
2
Bedrooms
4
Total baths
3
Half baths
1
Living Area
2,088
Area
Surrey
Community
Panorama Ridge

Property Description

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. Roof -2016, Renovation 2017-18, Basement was renovated 2017, Hot water tank 2021.

Additional Information

Lot Size
7,937
Amenities
Near Shopping
Site Influences
Central Location, Recreation Nearby
Levels
Two
Acres
0.18
Region
Surrey
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.