




This 9-bedroom, 5-bathroom single family in Surrey offers 2,984 sqft of living area on a 7,080 sqft lot. Built in 1977. The property has lot dimensions of 7080. The home features forced air, natural gas heating, a finished, full, separate entrance basement. Highlights include a 4-car garage.
Excellent investment and holding property in a prime Newton location. This well-located property is close to King George Boulevard, Newton Wave Pool, transit, schools, library, fitness centres, banks, and shopping amenities. The home features six rental units with long-term tenants already in place, providing consistent income and approximately $2,400 per month in positive cash flow in today's market. A great opportunity for investors seeking reliable rental income while holding for future growth. Situated in a transit-oriented area with potential for higher density development in the future and strong long-term upside as the surrounding area continues to grow and evolve. Buyers or Buyers Agent to verify development potential with the City of Surrey. (id:60351)
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Listed by Kam Toor, Keller Williams Ocean Realty
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Listing represented by Kam Toor, Keller Williams Ocean Realty · MLS# R3091773
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.