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Investment signal

$1,415,000

19232 68A AVENUE

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Beds

Baths

Sqft

—

Year

2006

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

Spacious 3,247 sq ft home situated on a 3,273 sq ft lot, offering incredible versatility and income potential. The property includes a legal 1-bedroom coach home and an unauthorized 2-bedroom basement suite-each with private laundry and reliable long-term tenants, generating solid, consistent rental income. The main residence features 3 generous bedrooms plus a flexible basement flex room-perfect for a home office, gym, or playroom. Enjoy the fully fenced, low-maintenance backyard complete with a large patio, ideal for entertaining or relaxing. Additional highlights include lane access, a double garage, and a convenient parking pad. Located on a quiet street just minutes from the upcoming SkyTrain extension, shopping, schools, parks, and recreation. (id:65958)

Subtype: Single Family
Architectural style: 2 Level, Carriage
Structure: House
Common interest: Freehold
Living area: 3,247 square feet
Lot size: 3,273 square feet
Lot dimensions: 3273
Parking: 3 total
Fireplace: 1
On market: Mar 4, 2026
Status changed: Apr 19, 2026
Annual tax: $6,366.86 (2025)
Photos: 40
MLS#: R3095904
Area: SURREY

Features and systems

Parking

Detached GarageOpen

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersForced airElectric

Utilities

Natural GasElectricity

Negative cash flow ~$1,512/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

-6.41%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,666

Financing

Down payment$283,000

Loan amount$1,132,000

Mortgage$5,736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$649

Insurance$80

Maintenance$1,179

CapEx reserve$590

Vacancy loss$354

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 $5,736/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 19, 2026.