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. Open House Sunday 3-5 pm
Address
12627 58 Avenue
List Price
$999,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Surrey
Sub-Area
Panorama Ridge
Bedrooms
4
Bathrooms
3
Half Bathrooms
1
Floor Area
2,088 Sq. Ft.
Main Floor Area
1225
Lot Size
7937 Sq. Ft.
Lot Size Dimensions
62 x
Lot Size (Acres)
0.18 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2088
Frontage Length
62
Year Built
1970
MLS® Number
R3097812
Listing Brokerage
Sutton Group-West Coast Realty
Basement Area
Full, Finished, Exterior Entry
Postal Code
V3X 2P5
Zoning
RA
Ownership
Freehold NonStrata
Parking
Additional Parking, Garage Single, Open, Front Access
Parking Places (Total)
1
Tax Amount
$2,900.00
Tax Year
2025
Site Influences
Balcony, Central Location, Garden, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Garden, Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features
Storage
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Garage
Yes
Garage Spaces
1
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
Mountain
Open Houses
- March 15, 3:00 PM - 5:00 PM