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Foreclosure signalInvestment signal

$828,000

12893 114A AVENUE

Save this home

Beds

4

Baths

2

Sqft

Year

1954

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

A rancher-style, non-strata, side-by-side duplex that has been partly remodeled, featuring a new bathroom, new kitchen cabinets, and some new window coverings. Located in a fast-developing neighbourhoods, it offers a large driveway and is a great opportunity for first-time buyers, developers, or investors. The site offers an abundant space for relaxation and gardening. The property is clean, with recent touch-ups and partial repainting. Conveniently located close to schools, parks, transit, the Pattullo Bridge, King George Highway community centre. Sold as is, where is. (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
House
Common interest
Freehold
Living area
1,300 square feet
Lot size
5,000 square feet
Lot dimensions
5000
Parking
4 total
On market
Apr 1, 2026
Status changed
Apr 22, 2026
Annual tax
$3,726.72 (2025)
Photos
11
MLS#
R3106256
Area
SURREY

Features and systems

Parking

Open

Basement

FinishedCrawl spaceUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$908/mo at these assumptions

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,106

Financing

Down payment$165,600
Loan amount$662,400
Mortgage$3,356/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$380
Insurance$80
Maintenance$690
CapEx reserve$345
Vacancy loss$208

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 $3,356/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 22, 2026.

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