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About This Property
Investor’s haven in the heart of Surrey! This rare income-producing property offers the perfect blend of strong cash flow and long-term upside. Currently generating approximately $10,000 per month (around $120,000 annually) in rental income, it provides immediate returns with income that can significantly OFFSET your mortgage. Situated on one of Surrey’s…
Features
Property Details
School Catchment
Neighbourhood
Age
- Under 1514.8%
- 15 to 6471.9%
- 65 and over13.3%
Household size
- 1 person10.2%
- 218.7%
- 317.3%
- 420.4%
- 5 or more33.3%
Language spoken at home
57.3% Punjabi mother tongue
Mother tongue, share of 5,770 residents.
How this pocket differs
- notably fewer people living alone than Queen Mary Park Surrey 10.1% vs 16%
- more 5+ person households than Queen Mary Park Surrey 33.1% vs 26.2%
- fewer Hindi speakers than Queen Mary Park Surrey 3.6% vs 4.8%
- Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 4 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.
Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.
Recent nearby sales
Sold prices are available to registered users. Log in to see what these sold for.
Monthly Cost Calculator
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 11
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