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Investment signal

$830,000

1 14251 18A AVENUE

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Beds

Baths

Sqft

—

Year

1984

Type

Single Family

Suite

Investment signal

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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

$120K below assessed! A rare blend of timeless charm and new renovations, this bright, spacious duplex-style townhome offers the comfort of a detached home, with a sunny private patio, generous yard with garden beds, and welcoming front courtyard. Set in a peaceful setting with little to no road noise. The ground-level main floor offers easy access, a cozy gas fireplace and an open layout filled with natural light. Updates include brand-new flooring throughout, refreshed bathrooms, and beautifully modernized kitchen. Most of the upgrades have never been lived in - offering a rare chance to enjoy a truly fresh home in a sought-after low-density, legacy-style community. Single garage + parking for two more cars. Close to the beach, Bayridge Elementary, trails, shops, and dining. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Row / Townhouse
Common interest: Condo/Strata
Living area: 1,500 square feet
Parking: 3 total
Condo/HOA fee: $609.28 monthly
Stories: 2
Fireplace: 1
On market: Mar 23, 2026
Status changed: Apr 25, 2026
Annual tax: $3,827.41 (2025)
Photos: 39
MLS#: R3102642
Area: SURREY

Features and systems

Parking

GarageOpenOther

Basement

FinishedCrawl spaceUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Baseboard heatersElectricNatural gas

Community

Pets AllowedRentals Allowed

Utilities

Natural GasElectricity

Negative cash flow ~$920/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.65%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,118

Financing

Down payment$166,000

Loan amount$664,000

Mortgage$3,364/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$380

Insurance$80

Maintenance$692

CapEx reserve$346

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 $3,364/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 25, 2026.