$1,310,000
2576 124B STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
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
Rare flat 6,239 SQFT. building lot in the heart of Ocean Park. 49 ft frontage x 125 ft depth with R3 zoning - ideal for a stunning 3-level custom home or a duplex. Very private setting surrounded by beautiful established properties in one of South Surrey's most sought-after neighbourhoods. Close to trails, Ocean Park Village and within the highly desirable catchments of Elgin Park Secondary and Crescent Park Elementary. Building lots in this pocket are rarely available. (id:65958)
- Subtype
- Vacant Land
- Common interest
- Freehold
- Lot size
- 6,239 square feet
- Lot dimensions
- 6239
- On market
- Mar 18, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $4,988.72 (2025)
- Photos
- 1
- MLS#
- R3100618
- Area
- SURREY
Cash on cash
-6.44%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,029
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 22, 2026.