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Best Price! Rare opportunity on a nearly 8,000 sq. ft. lot in a prime Surrey location. This basement-entry home offers 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. Basement currently rented for $1,400/month MTM, providing excellent holding income and immediate cash flow. The spacious backyard features a large deck and strong duplex or redevelopment potential (buyer to verify with City). Conveniently located near schools, parks, transit, and daily amenities. Ideal for investors, builders, or families seeking future growth. Updates include roof (2016), main renovations (2017–18), basement renovation (2017), and hot water tank (2021).
| Basement Finished Area (sqft) | 863 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Heating Type | Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $998,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2088 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, RV Access/Parking, Front Access |
| Total Parking Spaces | 1 |
| Rental Suites | None |
| Lot Size | 7937 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 62 |
| MLS® # | R3123774 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2P5 |
| Gross Taxes | $2,900 |
| Zoning | RA |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17'6 x 17'6 ft |
| Main Level | Dining Room | 10'4 x 10'4 ft |
| Main Level | Kitchen | 9' x 9' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Basement Level | Living Room | 18' x 18' ft |
| Basement Level | Kitchen | 13' x 13' ft |
| Basement Level | Bedroom | 14' x 14' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Main Level | No | #4 |
| Basement | No | #3 |
Listed by: Sutton Group-West Coast Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
▼ 7.77% Year-over-Year
N/A
N/A
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,105,000 | $48,300 | $1,153,300 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,245,500 across 18 active listings — this listing is 19.9% below the Surrey average.
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