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Investment signal

$950,000

13125 BALLOCH DRIVE

Beds

6

Baths

5

Sqft

Year

1977

About this home

This versatile and value-packed half duplex in Queen Mary Park offers plenty of potential. The residence features a living room, kitchen, dining area, and foyer on the main floor, along with three bedrooms and a spacious rec room upstairs. At the back, there are three one-bedroom, one-bath suites, making this home ideal for multi-generational living or generating extra income. Recent updates provide a great starting point for those looking to add their finishing touches. Don't miss a property with promise in a convenient location near parks, schools, transit, and Surrey Memorial Hospital. (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Lot size
5,671 square feet
MLS#
R3093698
Area
SURREY
Negative cash flow ~$1,853/mo at these assumptions

Cash on cash

-11.70%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,700

Financing

Down payment$190,000
Loan amount$760,000
Mortgage$4,663/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435
Insurance$80
Maintenance$792
CapEx reserve$396
Vacancy loss$238

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.

Mortgage estimate

Estimated $4,663/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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