12627 58 Avenue
Panorama Ridge, Surrey, BC

Active
$1,050,000
Listed By: Sutton Group-West Coast Realty
Listed 1 week ago

Details

Beds
4
Bath
3
Kitchens
2
Built
1970
Living Area
2088 SqFt.
Lot Size
7937 SqFt.
Frontage
62 Feet

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.

Amenities
Shopping Nearby Garden Balcony Storage In Unit

Features

Washer/Dryer Dishwasher Refrigerator Stove

Site Influences

Shopping Nearby Garden Balcony Central Location Recreation Nearby

Location

Technical Information

MLS® # R3175689
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 2
Year Built 1970
Parking Additional Parking,RV Access/Parking,Front Access
Tax $2,900 in 2025
Strata No NWP14213

Floor Area (sq. ft.)

Main Floor 1,225
Above 1,225
Basement 863
Total 2,088

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3 3 1 Login to View ( -5.3%) Login to View 1 2 1989 2,742 sqft 5,950 sqft
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.