$1,848,800
15688 88 AVENUE
Beds
8
Baths
6
Sqft
—
Year
2005
Type
Single Family
Suite
Suite potential
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
Prime Fleetwood investment opportunity with future redevelopment potential! This spacious 8 bed, 6 bath home sits on a large 7,500+ sq.ft. lot within the Fleetwood Plan area and is designated for future (5-6 sotry low-rise) residential development (buyer to verify with the City of Surrey). The home offers 4 bedrooms upstairs plus two fully finished basement suites with separate entrances - perfect for extended family or rental income. Conveniently located near schools, shopping, parks and the future Fleetwood SkyTrain extension, making this an excellent holding property with strong long-term value. (id:65958)
- Subtype
- Single Family
- Architectural style
- Other, 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 3,550 square feet
- Lot size
- 7,529 square feet
- Lot dimensions
- 7529
- Parking
- 6 total
- Fireplace
- 1
- On market
- Mar 31, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $8,216.25 (2025)
- Photos
- 40
- MLS#
- R3104868
- Area
- SURREY
Features and systems
Parking
Basement
Appliances
Heating
Utilities
Cash on cash
-6.31%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,297
Financing
Operating expenses (monthly)
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
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.