$1,099,900
11031 131A STREET
Beds
4
Baths
2
Sqft
—
Year
1955
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Spacious 7,920 sq. ft. lot brimming with opportunity! Just 710 ft. from Gateway SkyTrain station and within the Transit-Oriented Development zone, this property offers flexibility-live in, rent out, or redevelop into your dream home or a profitable small multi-family project. With a frontage of over 60 ft. and a west-facing backyard, it's ideal for building now. Nestled on a quiet, family-friendly street, you're steps from convenience yet tucked away from the bustle. Minutes to Surrey Central's rapid growth, shopping, and transit connections in every direction. (id:65958)
- Subtype
- Single Family
- Architectural style
- Ranch, 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,788 square feet
- Lot size
- 7,920 square feet
- Lot dimensions
- 7920
- Parking
- 6 total
- On market
- Apr 21, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $5,193.85 (2025)
- Photos
- 40
- MLS#
- R3113961
- Area
- SURREY
Features and systems
Parking
Basement
Appliances
Heating
Utilities
Cash on cash
-6.50%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,755
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.