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Investment signal

$1,098,880

14858 56A AVENUE

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Beds

Baths

Sqft

—

Year

2005

Type

Single Family

Suite

Suite potential

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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

Priced to sell at $1,098,880. This 5 bed home in Sullivan Station is the perfect step up for buyers looking to move from a townhome into a detached with added income potential. The main living space features impressive 11 ft ceilings, creating an open and airy feel rarely found in this price range. Flexible layout allows for a 3 bed main with a 2 bed suite or a 4 bed main with a 1 bed suite. The basement has a separate entry and is already set up, only requiring a kitchen to complete, making it an easy option to generate rental income or accommodate extended family. Attached garage and located in a quiet, family friendly neighbourhood close to schools, parks, and amenities. A smart move into detached living with built in upside. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,435 square feet
Lot size: 2,078 square feet
Lot dimensions: 2078
Parking: 2 total
Fireplace: 1
On market: Mar 23, 2026
Status changed: Apr 18, 2026
Annual tax: $5,860.22 (2025)
Photos: 31
MLS#: R3102200
Area: SURREY

Features and systems

Parking

GarageOther

Basement

FinishedFullSeparate entrance

Heating

Baseboard heatersForced air

View

Mountain view

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,187/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

-6.48%

Cap rate

3.57%

GRM

16.6

Break-even rent

$6,749

Financing

Down payment$219,776

Loan amount$879,104

Mortgage$4,454/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504

Insurance$80

Maintenance$916

CapEx reserve$458

Vacancy loss$275

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 $4,454/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 18, 2026.