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Investment signal

$1,025,000

74 14909 32 AVENUE

Beds

Baths

Sqft

—

Year

1997

Location

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About this home

Welcome to Ponderosa Station. This sought-after duplex-style townhome featuring 2 generous bedrooms and 3rd potential bedroom or office, including a main floor primary bedroom with a five-piece ensuite. The home is filled with natural light and offers a generous sense of space with 11-foot ceilings in the living and dining areas. This well cared for home is perfect for those looking to downsize into a fabulous community or those wanting to raise their family in Rosemary Heights. Additional highlights include a double garage and a spacious south-facing backyard. Located within a gated community, Ponderosa station is a mere 5 minute walk to groceries, transportation, recreation and restaurants. No age restriction! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Row / Townhouse
Common interest: Condo/Strata
Living area: 1,732 square feet
Parking: 2 total
Condo/HOA fee: $576.66 monthly
Fireplace: 2
On market: Feb 17, 2026
Status changed: Apr 17, 2026
Annual tax: $4,166.24 (2025)
Photos: 40
MLS#: R3090680
Area: SURREY

Features and systems

Parking

Garage

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Radiant heatNatural gas

Community

Pets Allowed With Restrictions

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,993/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

-11.67%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,223

Financing

Down payment$205,000

Loan amount$820,000

Mortgage$5,031/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$470

Insurance$80

Maintenance$854

CapEx reserve$427

Vacancy loss$256

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 $5,031/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 17, 2026.