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Investment signal

$1,125,000

10122 127B STREET

Beds

4

Baths

3

Sqft

Year

1968

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

LAND VALUE PRICING! This rare opportunity in a quiet cul-de-sac with back lane access, a solid home on a large lot that's bursting with possibilities & waiting for your vision. 3 bdrms up, 1 bdrm suite dn. Furnace 2yrs old, HW tank 5 yrs & heavy gauge torch on roof. R3 zoning offers exceptional flexibility for small-scale multi-unit development, allowing for a single-family home, duplex, or up to 2-6 dwelling units. With the potential to add a secondary suite, coach house, or garden suite (subject to bylaws). Amazing opportunity for investors & builders. City just installed new Watermain, Storm & Sewers on the street. Close to Transit, Schools, Bus, Parks, Shopping & Surrey City Centre. Excellent value here. Offers anytime. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,507 square feet
Lot size
7,392 square feet
Lot dimensions
7392
Parking
7 total
Fireplace
2
On market
Feb 23, 2026
Status changed
Apr 15, 2026
Annual tax
$4,597.67 (2025)
Photos
30
MLS#
R3092444
Area
SURREY

Features and systems

Parking

GarageOther

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryerStorage Shed

Heating

Forced airNatural gas

Pool

Outdoor pool

Utilities

WaterNatural GasElectricity
Negative cash flow ~$2,180/mo at these assumptions

Cash on cash

-11.62%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,919

Financing

Down payment$225,000
Loan amount$900,000
Mortgage$5,521/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$516
Insurance$80
Maintenance$938
CapEx reserve$469
Vacancy loss$281

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $5,521/mo at 5.49% with 20% down, 25-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 15, 2026.

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