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Investment signal

$1,599,000

13668 LARNER ROAD

Save this home

Beds

8

Baths

4

Sqft

Year

1957

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 RARE POSITIVE CASH FLOW PROPERTY-PERFECT FOR INVESTORS! Spacious ~3,500 sq.ft. two storey home on a rectangular 7,200+ sq.ft. lot. Features 9 bedrooms and 4 bathrooms with excellent mortgage helpers generating approx. $7,200/month. Functional layout with two driveways and ample parking. 10-min walk to Gateway SkyTrain Station. Located within City Centre Plan with redevelopment potential up to 2.5 FSR. Land assembly for 6-storey condo or duplex with garden suites (Buyer to verify). Catchment: Forsyth Road Elementary & École Kwantlen Park Secondary. (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Structure
House
Common interest
Freehold
Living area
3,555 square feet
Lot size
7,110 acres
Lot dimensions
7110
Parking
8 total
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$8,561 (2025)
Photos
2
MLS#
R3112831
Area
SURREY

Features and systems

Parking

CarportOther

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Radiant heatNatural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,693/mo at these assumptions

Cash on cash

-6.35%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,782

Financing

Down payment$319,800
Loan amount$1,279,200
Mortgage$6,482/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$666
Vacancy loss$400

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 $6,482/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 23, 2026.

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