$1,425,000
12.3% price reduction
5973 Holstein St, Surrey, BC
$1,250,000
Est. Mortgage /mo
MLS# R2968246
3
Beds
1
Baths
1500
sqft
833
$
/sqft
1975
built
Property Details & Specs
12.3% price reduction
DEVELOPMENT POTENTIAL! A rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bedroom rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level home, or with new SSMUH regulations, a MULTIPLEX and a garden suite (Buyer to do own due diligence). Survey and Engineer's MBE Letter available to aid in your planning. This prime location in a high-demand area offers exceptional possibilities to maximize your investment in Cloverdale's thriving real estate market. Please respect the tenant's privacy; do not disturb.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18'0 x 18'0 ft |
| Main Level | Kitchen | 17'0 x 17'0 ft |
| Main Level | Primary Bedroom | 13'0 x 13'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Westmont Realty Inc.
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.
Neighborhood & Transit Info
Public Schools
- Elementary
- George Greenaway Elementary School
- Average
- 0.64 km
- Secondary
- Lord Tweedsmuir Secondary School
- 1.84 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- William of Orange Christian School
- 0.75 km
- Elementary, Secondary
- Bibleway Christian Academy
- 3.17 km
Closest Transit
- Bus Stop
- Eastbound 60 Ave @ 170 St
- 0.14 km
- Skytrain
- Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
- 3.31 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average
- 13.9%
- No Certificate/Degree
- Above Average
- 16.4%
- Owner Occupied
- Average
- 67.7%
- Employment Rate
- Above Average
- 70%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$467
Maintenance fee
0
Financing 80% of the $1,250,000 asking price over 30 years at 4% results in approximately $5,241/month in total estimated carrying costs, $467 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $3,862/month in rental income, leaving a -$1,538/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,250,000
Surrey
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Cloverdale BC
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No active comparables were found in Cloverdale BC. Based on 7 similar Single Family Residences across Surrey, the average asking price is $1,207,967 — this listing is 3.5% above the city-wide average. This property is flagged as a Hot Deal (12.3% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Listing Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 5973 Holstein Street, Surrey, BC?
The closest top-rated schools are George Greenaway Elementary School and Lord Tweedsmuir Secondary School.
Is 5973 Holstein Street, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5973 Holstein Street, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,500.
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