1 / 35

Investment signal

$2,150,000

17246 59 AVENUE

Save this home

Beds

Baths

Sqft

—

Year

2023

Type

Single Family

Suite

Suite potential

Text Hasan Open map Ask a question

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

Just listed! This stunning 2023-built custom home located in Cloverdale, offers luxury, space, and practicality. With 8 spacious bedrooms and 7 bathrooms, including a primary bedroom on the main floor with an en-suite, this home is perfect for growing families. The basement features 2 self-contained suites, (2+1) providing excellent mortgage help or rental income potential. The open-concept layout is filled with natural light and high-end finishes, making it ideal for entertaining. Located in a desirable neighbourhood close to schools, parks, and amenities, this is an opportunity you don't want to miss. Book your viewing today! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 4,442 square feet
Lot size: 5,400 square feet
Lot dimensions: 5400
Parking: 4 total
Fireplace: 2
On market: Apr 9, 2026
Status changed: Apr 26, 2026
Annual tax: $8,452.51 (2025)
Photos: 35
MLS#: R3107757
Area: SURREY

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Other

Cooling

Air Conditioned

Utilities

Natural GasElectricity

Negative cash flow ~$2,255/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

-6.29%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,124

Financing

Down payment$430,000

Loan amount$1,720,000

Mortgage$8,715/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$985

Insurance$80

Maintenance$1,792

CapEx reserve$896

Vacancy loss$538

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 $8,715/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 26, 2026.