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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1970
(Age: 56)
Living Area:
2,088 sq. ft.194 m2
Building Area - Total:
2,088 sq. ft.194 m2
Levels:
Two
Bedrooms:
4
(Above Grd: 3)
Bathrooms:
3.0
(Full:2/Half:1)
Taxes:
$2,900 /
2025
Lot Area:
7,937 sq. ft.737 m2
Lot Frontage:
62'18.9 m
Lot Details:
62 x
Outdoor Area:
Garden, Balcony
Plan:
14213
Construction Materials:
Frame Wood, Mixed (Exterior), Stucco
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,225 sq. ft.114 m2
Floor Area Fin - Total:
2,088 sq. ft.194 m2
Parking Features:
Additional Parking, RV Access/Parking, Front Access
Parking:
Additional Parking, RV Access/Parking
Parking Total/Covered:
1 / 8
Storage
Garden, Balcony
Garden, Laundry In Unit, Storage
Shopping Nearby
2
Dishwasher, Refrigerator, Laundry In Unit, Storage
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer
Split-level residential property featuring a prominent front lawn and mature surrounding trees
Spacious living area featuring wood-finish flooring, a white mantel fireplace with tile surround, and crown molding
Kitchen featuring dark wood cabinetry, stainless steel appliances, a white subway tile backsplash with a decorative accent, and durable tile flooring
Room featuring wood-finish flooring, light blue wall paint, white baseboards, and a window with blinds and security bars
Bedroom featuring wood-finish flooring, light blue walls, and a white ceiling
Bathroom featuring a white toilet, light blue walls, and a window with white trim
Interior room with light blue walls, wood-finish flooring, a window with blinds, and white bi-fold closet doors
Spacious room with wood-finish flooring, a large window, light blue painted walls, and white trim
Two-story entryway featuring a leaded glass front door and a wood-finish staircase with white railings
Functional kitchen with dark wood-finish cabinetry, light-colored countertops, and a full suite of white appliances including an electric range and refrigerator
Spacious interior featuring wood-finish flooring, light blue walls, and crown molding
Spacious living area featuring rich wood-finish flooring, a prominent fireplace with a white mantel, and a large window providing natural light
Spacious room featuring wood-finish flooring, a prominent fireplace with a white mantel, white baseboards, and a large window with horizontal blinds
Spacious living area featuring wood-finish flooring, a white mantel fireplace with a tile surround, and multiple windows with white blinds
Kitchen featuring dark wood cabinetry, stainless steel dishwasher, an integrated microwave, and a tile backsplash
U-shaped kitchen featuring dark wood-finish cabinetry, a stainless steel dishwasher, a stainless steel range, and a tile backsplash with a decorative accent band
Galley kitchen featuring dark wood-finish cabinetry, stainless steel appliances, a tile backsplash with accent stripe, and tiled flooring
Hallway featuring wood-finish flooring, light blue walls, and white louvered bifold doors
Bathroom featuring a ceramic tile floor, a shower-over-tub with a glass enclosure, a window providing natural light, a vanity with a light-colored countertop and wood-finish cabinetry, and a wall-mounted mirror
Room featuring wood-finish flooring, light blue wall paint, white trim, and a horizontal window with blinds and security bars
Interior room featuring wood-finish flooring, light blue walls, and a white ceiling
Image quality insufficient for description
Aerial perspective showcasing residential properties bordering a multi-lane roadway
Expansive residential property featuring a gray-roofed dwelling with a white-trimmed exterior, an attached garage, and a long asphalt driveway
Open concept living area with wood-finish flooring, light blue walls, and a white crown molding trim
Open-concept living area with wood-finish flooring, light blue walls, and white crown molding
Image quality insufficient for description
Aerial perspective showcasing three distinct properties, each with a pitched roof and surrounding green space
Data was last updated May 14, 2026 at 06:40 PM (UTC)
Area Statistics
Listings on market:
122
Avg list price:
$1,531,500
Min list price:
$549,000
Max list price:
$6,880,000
Avg days on market:
52
Min days on market:
2
Max days on market:
366
Avg price per sq.ft.:
$522.18
These statistics are generated based on the current listing's property type
and located in
Panorama Ridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.