$1,585,000
11332 124 STREET
Beds
3
Baths
2
Sqft
—
Year
1933
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
Corner lot with potential for subdivision or duplex development (buyer to verify with City). Well-maintained and charming home on a 9,009 sq ft CORNER lot + approx. 1,000 sq ft easement (~10,000 sq ft usable) offering great future potential. Main floor features 1 large bedroom with a cozy kitchen, while the upper level offers 2 bedrooms. Enjoy a private garden, perfect for relaxing. garage area with 220V sub-panel. Plenty of parking with easy front access. Located in a highly central area, just minutes walk to SkyTrain, schools, parks & riverfront. Quick access to Pattullo Bridge & Hwy 17 connecting to Richmond, Burnaby, New Westminster & Langley. Growing neighbourhood. Easy to show! (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,375 square feet
- Lot size
- 9,009 square feet
- Lot dimensions
- 9009
- Parking
- 10 total
- Fireplace
- 1
- On market
- Apr 10, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $0 (2025)
- Photos
- 21
- MLS#
- R3109676
- Area
- SURREY
Features and systems
Parking
Basement
Appliances
Heating
Utilities
Cash on cash
-6.37%
Cap rate
3.59%
GRM
16.7
Break-even rent
$9,697
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 17, 2026.