Prime investment property in Bear Creek, Surrey BC. This Surrey rental income property generates $8,600/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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Baseboard, Hot Water, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 3 |
| Flooring | Laminate, Mixed, Tile, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,419,888 |
|---|---|
| Total Bedrooms | 11 |
| Total Bathrooms | 6 |
| Full Bathrooms | 4 |
| Half Bathrooms | 2 |
| Floor Area Total (sqft) | 3965 |
| Year Built | 1990 |
| Age Of Building | 36 |
| 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, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Double, Open, Rear Access, Concrete |
| Total Parking Spaces | 8 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 7750 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 59.05 |
| MLS® # | R3129079 |
| Area | Surrey |
| Neighbourhood | Bear Creek Green Timbers |
| City | Surrey |
| Postal Code | V3S 2S3 |
| Gross Taxes | $7,675.43 |
| Zoning | R3 |
| Status | Date | Price |
|---|---|---|
| R3129079 / Active | 06-02-2026 | $1,419,888 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Flex Room | 17'5 x 17'5 ft |
| Main Level | Living Room | 5'4 x 5'4 ft |
| Main Level | Kitchen | 4'0 x 4'0 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Main Level | Bedroom | 11'10 x 11'10 ft |
| Main Level | Living Room | 14'4 x 14'4 ft |
| Main Level | Kitchen | 11'4 x 11'4 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Laundry | 15'1 x 15'1 ft |
| Above Level | Living Room | 15'10 x 15'10 ft |
| Above Level | Kitchen | 12'2 x 12'2 ft |
| Above Level | Dining Room | 8'2 x 8'2 ft |
| Above Level | Patio | 12'5 x 12'5 ft |
| Above Level | Primary Bedroom | 12'1 x 12'1 ft |
| Above Level | Walk-In Closet | 4'1 x 4'1 ft |
| Above Level | Bedroom | 13'6 x 13'6 ft |
| Above Level | Bedroom | 11'5 x 11'5 ft |
| Above Level | Bedroom | 9'2 x 9'2 ft |
| Above Level | Patio | 9'2 x 9'2 ft |
| Above Level | Bedroom | 15'10 x 15'10 ft |
| Above Level | Bedroom | 10'8 x 10'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Above Level | No | #4 |
| Above Level | Yes | #3 |
| Above Level | Yes | #2 |
Listed by: Stonehaus Realty Corp.
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
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 14648 88 Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,108,000 | $291,000 | $1,399,000 | — |
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