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Investment signal

$1,399,000

11480 96A AVENUE

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Beds

Baths

Sqft

—

Year

1958

Type

Single Family

Suite

Suite potential

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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

Situated in a quiet neighbourhood of well-maintained homes, this property offers a stunning view and is just minutes from excellent schools, transit, and shopping. The fully fenced yard provides privacy, while the updated kitchens and bathrooms add modern comfort throughout. The home includes a full, self-contained suite with a separate entrance, its own laundry, and a private ensuite-ideal for extended family or rental income. Additional upgrades include a newer roof, furnace, and an on-demand hot water system (2022). There is also potential to build a duplex (buyer to verify). Enjoy a sunny south-facing backyard along with scenic northern views, offering the best of both exposure and outlook (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,202 square feet
Lot size: 7,700 square feet
Lot dimensions: 7700
Parking: 4 total
On market: Apr 27, 2026
Status changed: Apr 27, 2026
Annual tax: $5,714.74 (2025)
Photos: 5
MLS#: R3115926
Area: SURREY

Features and systems

Parking

Open

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

View

Mountain viewRiver view

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,491/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,569

Financing

Down payment$279,800

Loan amount$1,119,200

Mortgage$5,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641

Insurance$80

Maintenance$1,166

CapEx reserve$583

Vacancy loss$350

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

Estimated $5,671/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.