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Investment signal

$1,189,000

14028 102 AVENUE

Beds

Baths

Sqft

—

Year

1956

Location

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About this home

First time on the market, this well-kept home offers a fantastic opportunity for homeowners or investors alike. Situated on a large 7,722 sq. ft. rectangular lot, it's perfectly suited for a duplex or townhouse development under the new NCP. The home features hardwood flooring, updated washrooms, and newer windows that enhance comfort and efficiency. A heat pump and new hot water tank provide added value and peace of mind. Includes a detached shop and ample parking for up to five vehicles. A separate basement entrance offers excellent suite potential. Enjoy a sunny, south-facing backyard, perfect for outdoor living. Lena Shaw Elementary & Guildford Park Secondary school catchments. This property combines livability with future development potential. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,122 square feet
Lot size: 7,722 square feet
Lot dimensions: 7722
Parking: 5 total
On market: Apr 2, 2026
Status changed: Apr 19, 2026
Annual tax: $5,259.41 (2025)
Photos: 40
MLS#: R3105975
Area: SURREY

Features and systems

Parking

Detached Garage

Basement

Partially finishedPartialUnknown

Heating

Heat Pump

Utilities

WaterElectricity

Negative cash flow ~$2,294/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.58%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,365

Financing

Down payment$237,800

Loan amount$951,200

Mortgage$5,836/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$545

Insurance$80

Maintenance$991

CapEx reserve$495

Vacancy loss$298

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $5,836/mo at 5.49% with 20% down, 25-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 19, 2026.