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Investment signal

$1,998,888

2140 127A STREET

Save this home

Beds

5

Baths

3

Sqft

Year

1980

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

Highly sought-after Ocean Cliff Estates! This beautifully renovated 3300+ sqft home offers 5 beds, 3 baths + den, plus a bright 1-bed suite with private entry perfect for extended family or rental income. Features include central A/C and a gourmet kitchen with quartz waterfall island, 36" gas cooktop & Electrolux fridge/freezer. Two spacious decks overlook a sunny, private yard with mature landscaping. Basement includes games room, office and a media room. Just a 4-minute drive to Crescent Beach and minutes to Ocean Park Village. School catchments are Ocean Cliff Elementary and Elgin High School. OPEN HOUSE APRIL 25TH 2-4PM. (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Structure
House
Common interest
Freehold
Living area
3,306 square feet
Lot size
7,919 square feet
Lot dimensions
7919
Parking
4 total
Fireplace
2
On market
Mar 25, 2026
Status changed
Apr 25, 2026
Annual tax
$6,907.75 (2025)
Photos
25
MLS#
R3102819
Area
SURREY

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity
Negative cash flow ~$2,097/mo at these assumptions

Cash on cash

-6.30%

Cap rate

3.61%

GRM

16.7

Break-even rent

$12,208

Financing

Down payment$399,778
Loan amount$1,599,110
Mortgage$8,102/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$916
Insurance$80
Maintenance$1,666
CapEx reserve$833
Vacancy loss$500

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 $8,102/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 25, 2026.

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