Prime investment property in Bear Creek, Surrey BC. This Surrey rental income property generates $8,300/month on a large 7,750 sq ft lot with rear lane access. Cash flow from day one with future redevelopment potential — You could build 2 large duplexes each with legal suites under Surrey's current zoning bylaws. Located in the highly desirable Bear Creek,…
Prime investment property in Bear Creek, Surrey BC. This Surrey rental income property generates $8,300/month on a large 7,750 sq ft lot with rear lane access. Cash flow from day one with future redevelopment potential — You could build 2 large duplexes each with legal suites under Surrey's current zoning bylaws. Located in the highly desirable Bear Creek, Surrey — a proven long-term growth corridor with excellent SkyTrain access, top-rated schools, and established amenities nearby. Ideal for investors seeking a Surrey income property with both holding income and land value upside. Whether expanding your Fraser Valley real estate portfolio or entering the market, this Surrey duplex potential property is exceptional. Verify all development details with City of Surrey Planning.
Features
Balcony
Private Yard
Additional Parking
Garage Double
Open
Rear Access
Concrete
Shopping Nearby
Room measurements23 rooms▸
Flex RoomMain · 11'0 × 17'5
Living RoomMain · 14'4 × 5'4
KitchenMain · 10'4 × 4'0
BedroomMain · 14'4 × 9'1
BedroomMain · 14'4 × 11'10
Living RoomMain · 8'9 × 14'4
KitchenMain · 5'9 × 11'4
BedroomMain · 14'8 × 9'1
BedroomMain · 14'8 × 12'1
BedroomMain · 10'10 × 9'10
LaundryMain · 7'3 × 15'1
Living RoomAbove · 14'7 × 15'10
KitchenAbove · 11'8 × 12'2
Dining RoomAbove · 13'3 × 8'2
PatioAbove · 24'5 × 12'5
Primary BedroomAbove · 14'6 × 12'1
Walk-In ClosetAbove · 5'3 × 4'1
BedroomAbove · 10'8 × 13'6
BedroomAbove · 14'6 × 11'5
BedroomAbove · 10'6 × 9'2
PatioAbove · 3'9 × 9'2
BedroomAbove · 14'7 × 15'10
BedroomAbove · 11'8 × 10'8
Floor plan
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Property Details
MLS NumberR3129079
Property TypeSingle Family Residence
Bedrooms11
Bathrooms5
Square Feet3,965
Lot Size7,750 sqft
Year Built1990
Parking Spaces2
HeatingBaseboard, Hot Water, Natural Gas
StatusPending
Listed ByStonehaus Realty Corp.
School Catchment
ElementaryBrookside
SecondaryEnver Creek
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$114,000Median household income
72.2%Owner-occupied
52.7%Single-detached homes
3.7Avg household size
37.6Median age
28.2%Bachelor's degree or higher (25-64)
48.4%Commute under 30 min
85.9%Drive to work
49.5%Foreign-born residents
4,903Neighbourhood population
Age
Under 1516.5%
15 to 6469.7%
65 and over13.8%
Household size
1 person11.4%
221.6%
317.8%
418.6%
5 or more30.7%
Language spoken at home
38.2% Punjabi mother tongue
English32.9%
English + other6.2%
Hindi4.3%
Vietnamese3.6%
Tagalog2.1%
Spanish1.3%
All others11.4%
Mother tongue, share of 4,905 residents.
How this pocket differs
notably more Vietnamese speakers than Bear Creek Green Timbers 3.6% vs 2.4%
Median household income is higher than Metro Vancouver $114,000 vs $90,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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