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Investment signal

$2,888,000

13563 28 AVENUE

Save this home

Beds

3

Baths

3

Sqft

Year

1971

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

BUILD YOUR OWN MANSION! Exceptional 1-acre rectangular lot in the prestigious, multi-million-dollar neighbourhood of Elgin Chantrell. Featuring 165 ft of frontage and 264 ft of depth, this North-South facing property offers the perfect canvas to design & build your dream luxury estate. The existing home is livable w/newer roof, providing rental income potential while you plan your future build. Preliminary architectural drawings are available upon request, including the possibility of a walk-out basement, maximizing both functionality & value. Located within walking distance to Chantrell Creek Elementary & Elgin Park Secondary, and just minutes from Hwy 99 and Nico-Wynd Golf Course, this location is unmatched for convenience and prestige. Let your imagination bring this DREAM HOME to life. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Common interest
Freehold
Living area
3,849 square feet
Lot size
43,566 square feet
Lot dimensions
43566
Parking
8 total
Fireplace
3
On market
Mar 6, 2026
Status changed
Apr 16, 2026
Annual tax
$10,020.07 (2025)
Photos
27
MLS#
R3096900
Area
SURREY

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced air

Utilities

WaterNatural GasElectricity
Negative cash flow ~$2,993/mo at these assumptions

Cash on cash

-6.22%

Cap rate

3.62%

GRM

16.7

Break-even rent

$17,600

Financing

Down payment$577,600
Loan amount$2,310,400
Mortgage$11,706/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,324
Insurance$80
Maintenance$2,407
CapEx reserve$1,203
Vacancy loss$723

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 $11,706/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 16, 2026.

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