$1,050,000

12627 58 AVENUE

Surrey BC V3X 2P5 - Panorama Ridge
4 bd
2.5 ba
2,088 sqft
Built 1970

About This Property

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…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Storage
Garden
Balcony
Additional Parking
RV Access/Parking
Front Access
Shopping Nearby
Room measurements9 rooms▸
Living RoomMain · 13'6 × 17'6
Dining RoomMain · 10'1 × 10'4
KitchenMain · 8' × 9'
Primary BedroomMain · 12' × 14'
BedroomMain · 9' × 10'
BedroomMain · 10' × 11'
Living RoomBsmt · 14' × 18'
KitchenBsmt · 8' × 13'
BedroomBsmt · 10' × 14'

Property Details

MLS NumberR3175689
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2.5
Square Feet2,088
Lot Size7,937 sqft
Year Built1970
Parking Spaces8
HeatingNatural Gas
Days on Market17
StatusActive
Listed BySutton Group-West Coast Realty

School Catchment

Elementary J.T. Brown
Secondary Tamanawis

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,400,000Median home value
$118,000Median household income
71.6%Owner-occupied
38.6%Single-detached homes
3.6Avg household size
38Median age
33%Bachelor's degree or higher (25-64)
55.9%Commute under 30 min
90%Drive to work
50.6%Foreign-born residents
5,410Neighbourhood population

Age

Under 15: 15.7%15 to 64: 68%65 and over: 16.3%
  • Under 1515.7%
  • 15 to 6468%
  • 65 and over16.3%

Household size

  • 1 person10.4%
  • 223.5%
  • 315.4%
  • 423.8%
  • 5 or more26.8%

Language spoken at home

48% Punjabi mother tongue

  • English28%
  • English + other7.1%
  • Hindi4.3%
  • Mandarin2.1%
  • Urdu1.7%
  • Cantonese0.8%
  • All others8%

Mother tongue, share of 5,410 residents.

How this pocket differs

  • fewer people living alone than Panorama Ridge 10.4% vs 13.3%
  • Median household income is higher than Metro Vancouver $118,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,400,000 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.

Monthly Cost Calculator

Estimated monthly cost $5,290
Mortgage payment$4,943
Property tax$242
Home insurance$105
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 28

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