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Investment signal

$1,248,300

13538 84 AVENUE

Save this home

Beds

13

Baths

8

Sqft

Year

1956

Type

Single Family

Suite

Suite potential

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

Exceptional investment opportunity in Surrey! This property boasts 6 units with a potential monthly rental income of over $12,000-$13,000. Upstairs, two spacious units feature 3 beds and 3 baths each, while the downstairs units include a 3-bed/1-bath, a 2-bed/1-bath, and two 1-bed/1-bath suites. This property is located within a frequent bus stop area providing great development opportunity. Strategically situated near transit, schools, shopping, and major routes, this property offers significant development potential, making it perfect for savvy investors looking to secure a high-potential asset in a sought-after location. OPEN HOUSE April 26th, 2026, Sunday from 2:00PM - 4:00 PM (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Structure
House
Common interest
Freehold
Living area
5,500 square feet
Lot size
7,438 square feet
Lot dimensions
7438
Parking
4 total
On market
Jun 14, 2025
Status changed
Apr 26, 2026
Annual tax
$10,418.64 (2024)
Photos
38
MLS#
R3014712
Area
SURREY

Features and systems

Parking

Other

Basement

Separate entranceUnknownUnknown

Heating

Baseboard heatersElectricHot Water

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,335/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.6

Break-even rent

$7,655

Financing

Down payment$249,660
Loan amount$998,640
Mortgage$5,060/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$572
Insurance$80
Maintenance$1,040
CapEx reserve$520
Vacancy loss$313

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 $5,060/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 26, 2026.

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